Yes, while all these have been happening, there are people who are oblivious (these are my own observations):
1) The middle aged lady who was urinating in full public view at
2) The 5-6 year girl who ran after an auto-rickshaw in between full traffic; when the signal turned green, right at the moment when the rickshaw rider was about to give her a rupee
3) The family of 5 selling lime-chili talismans to cars and auto-rickshaws (Rs 5 a-piece, how much can the family make in a day?)
4) The 4 year kid first cleaning the car windows and then hoping that you will pay for it?
So how does 8% growth, 7800-sensex, Mumbai-Shanghai and IT exports effect them? Life of beggars and street vendors depend a lot on traffic lights. If traffic becomes more high-speed because of more flyovers, less signals and less jams- where will the beggars find their targets? If we all becomes less superstitious as we get more developed and educated, who will buy the lime-chilies? As faster growth is usually accompanied by higher inflation, will things (even Sulabh) become even less affordable for the poor?
OR will trickle-down effect be enough?
And by the way, for how many years will we keep on celebrating Independence Day?