Modi’s five trillion dollar economy now seems like a pipedream post Corona, given the number of years we’ve gone back in terms of GDP figures. Even though a ‘V’ or ‘U-shaped’ recovery, fired by an animal spirit of slumdog resurrection cannot be ruled out, the fact remains that our land, labour, systems and laws are not entirely geared to support exponential growth. While the Government may address liquidity in the short term, fiscal deficit targets are hard to ignore. Beyond these core pillars, as defined by the Government, lie several other impediments. Corporate governance, entrepreneurial freedom and organisational culture are…

