The immensity of the job creation problem in India
Both across states and across districts within each state, this is a wide, and widening, disparity in economic activity across regions
Amidst all the recent furore on job data, and what they do and do not mean, we have perhaps lost sight of a more basic fact: that India, in many ways, remains a “dual" economy, with wide (and burgeoning) disparities between an urbanized modern sector and a lagging rural hinterland. While it has become fashionable to argue that the old, hackneyed distinction between “India" and “Bharat" has now become irrelevant, with everyone converging towards the same modernity, the reality is that the gulf between the two—in economics and geography, if not necessarily in culture—is as stark as night and day. Indeed, this is almost literally true, as we shall see in a moment.
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