Beyond homilies like 'promote equity' and 'realise economic growth', it isn’t clear what the components of the model are, and how it is distinct from others.
Until now, units operating even in recognised industrial areas needed a separate factory licence. The move is expected to especially give a boost to small and medium enterprises.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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