"Every quarter the Centre for Monitoring Indian Economy (CMIE) tracks all investment projects presently under implementation. This is a useful resource for measuring inter-state variation in investment. Investment is the foundation of future income growth, so this data shows a sense of how different states will fare in the future. In addition, changes in the performance of states in this regard measure the success or failure of the political leadership in creating a business environment that is supportive of investment." ... writes Illa Pattnaik.
Source: full column by Illa Pattnaik
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