Maruti Suzuki has one robot for every four factory workers. Firms like Eicher and Bajaj also use robots in a quest for efficiency and cost-cutting. About 100 mln Indians enter the workforce every month. Has India entered the manufacturing race too late? We ask experts Manish Sabharwal, Amitabh Kant, R.C. Bhargava.
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.
COMMENTS