Two things: in terms of public perception, by and large, people only look at the GDP. So us being half of India (whereas in 1990 we were at 66%) is understandable, but also not good. Factor in we should have been able to maintain pace with India being so much smaller, is doubly not good. But to still be behind Pakistan - even with their negative growth rate, is also not good.
But in the really meaningful areas, we are beating them both on almost all indices - as attested to by Amartya Sen also. But public perception, which largely dictates foreign interest and intervention will generally not see that.
Verbally terrorizing BD-haters since 2004