Relinquishing of political interests with the single minded devotion of economic aspirations will make you powerless. Economics will always get tied to Politics.
The problem with India is - India does not believe in its own ability, though others recognise it. India can not do the same mistakes that countries like Japan had done in the past.
India should start taking its role in West asia affairs to effectively take control of its own short term and long term interests. The world is now presenting itself opportunities for countries like china and india - in the state of struggle between eroding economies of West and asserting Russia.
India should go for the tagline "Chakde India" to take care of its own interests. No body takes care of your interests as you do. Nobody gives you power on their own. You have to grab yourselves. If you are passive, you will get all leftovers my dear. :).
yours lovingly,
Ram.
