The ranking vindicates the reformist measures undertaken by the Modi government. But further improvement requires vanguard action from states and local governments.
No job cuts, but Tamil Nadu’s firecracker factories reduce production and slash wages of workers; allied industries like packaging and transport also hit.
The Narendra Modi government has invested too much time and capital to further its political conquest. Today's crisis shows it may be left with too little time in this term to refocus on governance.
Once famous for its leather business, Dharavi shops are badly hit by the 2015 Maharashtra govt order curbing supply of bullock hide as well as note ban and GST.
Crowded cities are rich because there is greater division of labour. The extent of the division of labour depends on the size of the market, wrote Sauvik Chakraverti in 2002.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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