Karl Marx in his seminal work ‘Das Kapital’ talks about how the economic rise of any nation is dependent upon the quality of factors of production present. These include – technology, capital and labour (skill).

When I say ‘Elite’, I am not talking about the high net worth individuals, as one would imagine. A person, who has had the luxury of a private education, is employed in a white collar job and lives in an urban area, is an Indian Elite. Statistically, such a person would figure in the top 2% of our country. Let’s call him ‘Leo’ for easier reference, hereafter.