What should the next government focus on to sustain India's economic growth?

The recent full-year GDP release, the conclusion of voting and the imminence of the next administration make this an opportune moment to take stock of the economy. But with GDP growth surging past 8 per cent, is there much to contemplate? First, a caveat. The computation of GDP benefitted from significantly lower subsidies last year, which is unlikely to repeat. Therefore, Gross Value Added appears more representative of underlying dynamics and that has slowed from 8.3 per cent to 6.3 per cent over the last four quarters. For the full year, however, GVA still averaged 7.2 per cent, which is…