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Amartya Lahiri on Fostering Economic Growth

Ideas of India

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The Market Is Your Enemy

People are willing to live with an enormous amount of error when it comes to the state, says Ravi Agrawal. The only way to operate in the market was by being very corrupt and breaking a hundred rules, he adds. We were sold on this notion that somehow big industry,. in particular, was all in the business of exploiting - but they predict the republic. And growth is not going to come out of the state leading you into poverty without growth; i think that's sad about India.

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