India’s latest growth number deserves some pride. Real GDP grew 7.8% in the April–June quarter, ahead of the Reserve Bank of India’s projection of 7%. It came at a difficult time: expensive energy, continuing turmoil in West Asia and weak growth across much of the developed world.
A hundred years later, that is exactly what the organisation looks like from the outside: not a victory, a persistence.
When a company with little visible business sends crores of rupees abroad for consultancy, software or freight, the first question should not be whether tax was deducted correctly. It should be whether there was a real business transaction at all.
The Saptadhara gives India a direction for 2047. The harder question is whether our institutions can turn national ambition into productivity.
The absence of storage also weakens Kerala’s small processors. A unit may be capable of converting local produce into pickles, pulp, puree, dehydrated products, frozen foods or ready-to-cook preparations.
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