Because of those premier institutes as well as many other institutions and also aspirations, a notion with 125 billion people is not getting deteriorating or staying stagnant. Growth is happening, what is low and high under given circumstance is more subjective and if it is low those institutions hv nothing to do much with those slowing down.
Itz those our representatives who r sitting at jilla panchayat, corporation, assembly and parliaments as well as those who ridiculed India Shing about ten years hv to answer ur Q.