New working paper authored by former CEA Arvind Subramanian and others finds Indian firms increasingly prefer multiple plants in a single state rather than scaling up single plants.
It is necessary to break the spell of socialist dogma on the imagination of those attracted by its Utopia as the only scientific way of progress, wrote MA Venkatarao in 1963.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
Large plants risk being targetted politically for not adhereing to Hindutva agenda or for not adhereing to leftist labour laws. Twitter called boycott of products is a crazy phenomenon in our country.
It is not about ineffeciency. It is about reliability. This is what happens when people who have never started or run a business are intellectuals writing on business. Smaller multiple factories means if something happens in a city due to politics of DMK, TMC or CPI the overal production does not suffer. Also larger factories means India’s communist labor laws will prevent any progress. Smaller is better
Akhil deliberately confuses India with Pakistan where Srilankan managers are burnt for blasphemy
Large plants risk being targetted politically for not adhereing to Hindutva agenda or for not adhereing to leftist labour laws. Twitter called boycott of products is a crazy phenomenon in our country.
Makes sense distribution of political and labour risk
It is not about ineffeciency. It is about reliability. This is what happens when people who have never started or run a business are intellectuals writing on business. Smaller multiple factories means if something happens in a city due to politics of DMK, TMC or CPI the overal production does not suffer. Also larger factories means India’s communist labor laws will prevent any progress. Smaller is better