An India that fails on clear land rights, utilization of huge labor force, reducing barriers between states & reducing distortions in the use of capital caused by govt. action, may crow over its prospects but success will be fleeting. There is a silver lining to years of bad policy, however: only one area is needed for a breakthrough. Privatizing state banks, unifying the internal market, liberalizing manufacturing labor, and granting individual land rights constitute an absurdly difficult challenge to set before a new government. The goal cannot be to succeed completely in these areas but rather to make visible progress, progress that has been manifestly lacking in the past decade.