The poser before India at this juncture is whether we can afford to relapse to the Hindu rate of growth and be content with being considered an emerging nation forever, or should we make efforts to take our due position among the leaders in the world arena? We cannot and must not revert to the Hindu rate of growth.
In order to overcome these challenges, we need to focus on the key areas of productivity, innovation and reforms, both at the level of the macro economy and at the individual firm / enterprise level. These will help us overcome the various bottlenecks currently shackling our growth and put us firmly on the path of sustained high economic growth.