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Rohit Lamba Reimagines India’s Economic Policy Emphasis
Ideas of India
Divergence in State Economies
Divergence in state economies in India is evident when comparing GDP per capita figures of different states like Bihar and Kerala. Economists suggest that recommendations for economic growth should be tailored to the specific strengths and challenges of each state. The lack of convergence between states is a critical issue, with wealthier states outpacing poorer states in growth. Addressing this disparity requires nuanced strategies that consider the unique circumstances and capabilities of each state.
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