<b>Letters:</b> Daunting challenge
What is required is possibly two decades of unity and sacrifice by all for nation-building

premium
With reference to “Can India sustain growth at 7-8%?” (April 13), the long list of action points outlined by Dr. Shankar Acharya is daunting. Being a demographically young Asian country does not guarantee a repeat of the Far Eastern miracle of the dragon countries. India faces a few special situations. The first is our high defence and internal peace-law and order maintenance cost. The second is a severe shortage of domestic savings in financial assets. The third is the new global scene of slower physical world trade growth, increasingly technology-intensive methods replacing labour and terror-induced rigidity on people movement. And the fourth, I believe, is a shortage of land and water in India, unless we forget about environment, forests, land losers’ rights and the processes of law and democracy.