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Why is Team India so Pathetic in the Olympics?

Team India & Modi, Wikipedia Commons
Yesterday was the last day of the 2016 Rio Olympics. After the closing ceremony ended, India left Brazil with just two measly Olympic medals thanks to P.V. Sindhu’s inspiring run to silver in the sport of badminton, and backup freestyle wrestler Sakshi Malik unexpectedly bagging bronze in the 58kg weight class.
The glory of these two extraordinary ladies aside, this has been yet another pathetic Olympic games for the Indian contingent. Here are a few numbers that tell the entire story.
India’s population: 1.252 billion, or 17% of all humanity
Rio Olympic medals: 2, or .095% of all medals awarded
Olympic gold medals since 1980: 1
The 2016 performance was more or less another disappointing par for India. Why is Team India so pathetic in the Olympics? Much has been said on the topic and there is some disagreement on this. There are certainly multiple explanations for the lack of success, and nearly all of it can and should be corrected in the coming decades.