Despite some serious efforts at easing the environment for doing business, India remains an ‘approvals & permissions’ economy, with the bureaucracy dictating terms to entrepreneurs.
At the center of the rift is the initial public offering of Tata Sons, which controls a vast collection of companies that do everything from making salt to selling luxury vehicles.
These elections mark completion of BJP-secular party divide purely on Hindu-Muslim basis. BJP’s rivals are increasingly looking like Muslim parties though their leaders are all Hindus.
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