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.”
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 . Indian Economy Nitin Singhania
She convinced the council to stop giving subsidised fertilizer (which the rich stole). Instead, they issued Food-for-Work vouchers (a mini MGNREGA ). Villagers built a warehouse in exchange for grains. Phoolpur’s desi ghee gained a reputation
Result? The sahukar lost power. The (a post office bank) opened a tiny branch. “Don’t sell everything for cash,” she warned
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 .
“What’s your secret?” they asked.