Are the modern Indians going towards the path of happiness?

Very truly, I could not follow what you said. Still I would like to point out that the disparity that you are pointing out is because of the deviation from the original Indian culture. Indians have forgotten their original wisdom, and blindly running to adopt the Western culture. This will never make them happy, rather increase the disparity. As you have rightly said, "People are people wherever they come from," -- that is true as far as their physical characteristics are concerned. But each people has a socio-cultural background which is the learned part of their behaviour -- based on wherever they were born or stayed during childhood. Each society has its own systems, wisdom, background. Of course every society is changing, rather evolving. But that has to happen at its own pace. The changes have to occur both internally and externally. In case of India, the nation is blindly copying the Western societies wjthout judging whether that suits here or not. That is what is creating problem. People are giving the show off of the modern Western thoughts (externally), but internally they are not changing.