If CM Jagan Reddy is moving to Vishakhapatnam, it becomes the de facto state capital – even if it is one of the three. The matter is still pending in the Supreme Court, but Reddy has smartly signalled to investors. Vizag, after all, has a large industrial base, PSUs and port.
Budget 2023 needs to ensure India’s recovery remains insulated from predicted global slowdown
Economic Survey’s assertion that India’s recovery from the pandemic is complete is a reassuring one, but it’s sensible to note that strong growth is contingent on global factors. IMF predicts a slowdown in global growth next year, so it’s up to Budget 2023 tomorrow to ensure India’s recovery remains insulated.