The idea is good but if it happens it would have negative sides also
1. Huge money required. So far as corruption is concerned, India is among the leading countries so possibility of misuse of money.
2. Different political parties would try to gain out of it. They would get trained cadres.
Presently economical growth of India is not bad. All we need now a nation with minimum corruption. Special schemes to teach ethics, values etc are needed and if such program is taken it should start with our political leaders first.