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Past is relevant, even for economics

“Yes, India was global economic superpower for 1,800 out of 2,000 years. Conceded. But what is the use of recalling past glory. Look at our current state -- poverty, hunger, malnutrition and illiteracy. The present alone is relevant. Future is critical.” This is how some react at any reference to India’s great past. Their reaction is justified. Yes. Nations cannot survive or prosper just by recalling their past. Yet, no nation, whether developed or developing, ancient or modern, gives up the sense of its past.

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