Step 3a. Most of the Poor & Middle (P&M) class will starve/struggle to death.
Step 4. For still surviving & struggling P&M class- divert their attention to a) 20-20 cricket b) separate state demands c) Bollywood d) religious conflicts/ unnecessary hatred d) Political Gimmicks (like somebody travelling train / bus/ walking/ etc etc)..by shrewd command over all MEDIA channels :) e) Saas Bahu Kahani's/Masala News & f) Most Importantly.. Gambling (Read Dalal Street)
Step 5. Invite LOT of FII / foreign funds (read loans/ debt trap) in ALL sectors to make everyone FEEL economy is bHOOOOming
Step 6. Make basic education (at least 10th) costly & unreachable for P & M class (.. So that this P & M class continue blind voting & REMAIN Gullible)
Step 7. Make housing (read maukan) inaccessible to (the rest surviving) P & M community.
Step 8. Now with all P & M community either perished or gone, the country is left with all rich & prosperous people.