Democracy has historically been synonymous with economic development. Over the last 20 years, India's democratic government has been the driver behind the country's economic improvement. However, India is not quite where it could be, in particular when compared to the economic growth experienced in China.

With more than 500 million youths below 25 years in a population of 1.1 billion people, India is experiencing the rise of a new generation of young leaders who can transform the world's largest democracy into a developed nation. A group of Columbia Business School students met with two young and energetic members of Parliament who are extremely well positioned to lead the change.