Let's hope the author is more learned than me, but my observation and strategic realities tells me otherwise.
I'd say the current education system in India **SUCKS** ;we may not be heading anywhere rather than a commerce hub (too bad we have only few things to trade), much less an hub of innovation. Our education system dumps creativity and talent for the 'ratta' -s. We suffer from a psychological crisis which tells us everything that needs to be known are already there and only thing one needs to do is learn/'ratta' (pretend to learn) them. Innovation is hardly in anyone's mind. This kills the innovative spirit and brings our 'vedic' minds to fore where they would load every scripture into memory without practicing it or even without understanding what it means or what it does. This is an irony that with such a huge population of youth we did pretty bad in past with science and tech. I have friends in big software companies where their designations are "programmers" but according to them the biggest events in their career is to go to a foreign country at a huge expense and install something. Install???! This is also a high paying event because they would save money by producing false bills and spending too little. And in interviews they would read Reader's Digest and pretend to have a good vocabulary by forcibly bringing in the words learned the other night. I don't have any hope from this breed.
Indians are pretty good businessmen and very hardworking, I hope we would succeed in that direction in future. Small businesses and self-employed people could take a good initiative though-- because they understand the value of labor and being productive. Guys working in bigger companies (pvt) hardly understand the concept of production-- they just "do a job".PSU guys don't do any job because they already "got the job". India should look towards small/medium size businesses. Delhi was made by family owned small/med businesses that's why it's evergreen...Bangalore by 'biggies' so it dried in the crisis. Employment is soaring in B'lore.