When finally made independent, the Indian state was poised to embark on a prosperous economic voyage. But disappointingly enough, this golden bird never took off on that miraculous journey. For decades till the 1990s, the growth was stuck below 4 per cent, churning more people into poverty than out of it. Countries like Japan, whose industrialization started almost as soon as India, had grown to become top economies when India languished to meet its balance of payments. Even after liberalising the economy, it was stuck with institutions and bureaucracy. Let's look at two decisive steps that made a growth rate be named after a religious identity. In 1947, the economy planned for India was mixed, allowing corporate and public ventures. Business houses like Tata were materializing this promise of India. However, a solid socialist turn was stamped into the economic planning in 1955, the Avadi Congress sessions. Forcing state control over important industries and enforcing 5-year plans