Rohit Lamba Reimagines India’s Economic Policy Emphasis
Ideas of India
Decentralization and Economic Development in India
The chapter explores the economic disparities among Indian states, the challenges faced by underdeveloped regions like Bihar, and the dynamics of migration and labor movement within the country. It delves into the potential of leveraging services embedded in manufacturing for growth, the concept of the smile curve in economic value addition, and the importance of capturing high-value segments. The discussion also tackles the debate on centralization versus decentralization in policy recommendations and the impact on economic planning and industrial policy in India.
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