Three development models that can guide Indian state economies4 min read 19 May 2022, 10:21 PM IST
A comparative analysis of the Bihar, Gujarat and Tamil Nadu models could help lay a roadmap for policy action by our states
Our economic policymakers are understandably preoccupied with fending off potential stagflation. But someone in the policy establishment needs to focus urgently on possible long-term strategies for high, employment-intensive growth if we are to tackle the ticking political-economic time bomb of surging youth unemployment (see my Mint column of 15 April 2022: bit.ly/3wuDogo). In this context, the large inter-state variations in development approaches and outcomes provide us robust evidence on what works and what does not.
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