The complex puzzle of growth is an inevitable part of the development conundrum in India. But how do we define development. It would mean improvement in the well-being of the masses and their quality of life. The minimal of well-being must include the satisfaction of the basic needs. Conversely, underdevelopment involves the denial of basic needs to the people while enhancing the material returns of the dominant groups. It deprives the majority of their survival and sustenance. India, like most countries, has been following the capitalist path of development. Over time, the state of India has shifted from a reluctant pro-capitalist state with a socialist ideology to an enthusiastic pro-capitalist state with a neo-liberal ideology. This seminar paper strongly argues that calibrated effort is needed for benefits of development to trickle down to the poorest of the poor in India so there is no unequal development which is the case in India.