Phoolpur’s desi ghee gained a reputation. A city trader offered to buy it all. But Meera remembered the chapter on Forex & Current Account Deficit . “Don’t sell everything for cash,” she warned. “We’ll have ghee inflation here. Negotiate – 60% for local use, 40% for export.”
She tied the deal to a (inspired by MSME policies ). Indian Economy Nitin Singhania
One evening, , a young economist freshly back from the city, sat with the village council. She didn’t carry a business plan. She carried a worn, tabbed copy of Nitin Singhania’s Indian Economy . Phoolpur’s desi ghee gained a reputation
“What’s your secret?” they asked.
The elders laughed. But Meera persisted. “Don’t sell everything for cash,” she warned
A team from the state planning board visited Phoolpur, amazed: zero farmer suicides, functional primary healthcare, and a village GDP growth of 11% for three years.
Two years later, a neighbouring village couldn’t repay the grains they’d borrowed from Phoolpur’s buffer stock. The council wanted revenge. Meera opened Singhania’s chapter on Banking Reforms .