Freeing India for take off

Pankaj Mishra is always entertaining. His elegant tirade against the "neo-oriental discourse" of the "business lounge class", however, doesn't help very much to further one's understanding of the great puzzle of our times - why, in fact, are China and India rising economically, and so rapidly? The reasons are very different for the two countries, but I'll try to grapple with the case of India, as I know it far better.