The big story

Amidst the anguish about corruption – and, one might add, the dirty tricks unleashed against those campaigning on the issue – people have tended to forget that the big story in India, the truly exciting story, remains rapid economic growth. That was underlined by the Planning Commission formally adopting on Thursday a 9-9.5 per cent annual growth target for the five years beginning next April — building on the average of 7.8 per cent in the preceding 10 years.  The size of the middle class has exploded, and the poverty numbers have declined.

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