The Pulwama massacre illustrates how porous our security architecture remains to domestic and external threats. The real problem is political.Sustainable levels of growth trump temporary highs. With the United States withdrawing to navel-gazing at home and Russia focused on consolidation, the "Great Game" is open for China to play, at leisure, in the Hindu Kush and the plains below, including through proxies. The challenges are scientific, technological and commercial. Growth is not lways an outcome of investment. He points to a recent OECD study which estimates that removing the agricultural licence raj can boost agricultural value add by $50 billion per year, or two per cent of GDP — far more than what the rural elite grab today by "capturing" poorly targeted subsidies.And here is the worry.Agriculture represents the "low-hanging fruit" of trapped "green" growth.India is by no means a pushover. Larger budgetary allocations can take this quiet war of attrition beyond our borders to the source of the problem.The Pulwama massacre illustrates how porous our security architecture remains to domestic and external threats. The broader "green" agenda is of enlarging the reach of electric transportation, including freight by rail, investment in battery technology to support the targeted expansion of renewable energy penetration, business innovation in the co-use of natural gas for district cooling, lighting and for fuelling industry, clean coal and gasification. All agricultural inputs and produce should be subject to market determination of price with effective autonomous regulation to ensure quality, choice and competition in supply. Strategic investment to release trapped, large pools of potential growth will be more important than the large-scale capital-intensive gameplan that China has followed. Over the past decade till FY 2019, the outlay on the Central police forces grew at double the rate of growth for the armed forces. Our diversified economy has grown at above 6. The "green" growth, which our public budgeting process ignores, is that of liberalising ineffective "planning era" controls. We live in  weld studs Factory a tough neighbourhood.  

Capital is easily misallocated and wasted if it is cheap, with no accountability for debt servicing. Only savvy scientists, technologists and business folk can take these critical missions to completion.Achieving this reallocation of public resources can put at least an additional two per cent of GDP (saved from the rationalisation of agricultural subsidies provided by the Union and the state governments) or Rs 4 trillion in the hands of the bottom 70 per cent of small and marginal farmers, agri-tenants and workers at the rate of Rs 40,000 per family for 100 million rural families every year.5 per cent, to be successively increased, over the next 20 years, to 10. Much angst and effort is spent on achieving and rebutting the random, spiky, high notes of nine and 10 per cent growth, whilst scant regard is paid to the "platform approach" of aiming higher only once we achieve a demonstrated, decade-long record of consistent growth, say, at 7. Our humongous stressed bank loans should have taught us that.