Indian federalism is competitive, with states vying for investment through reforms encouraged by NITI Aayog indices. This boosts innovation but risks regional inequality and unsustainable incentives. A balanced cooperative-competitive model is needed to pair healthy rivalry with equitable, sustainable national development.
Click to View MoreIndia's regional industrial growth is influenced by historical legacies, geographical constraints, and policy choices. To promote balanced development, India is focusing on initiatives like 'Make in India' and industrial corridors, addressing infrastructure deficits, promoting skill development, and ensuring effective Centre-state cooperation.
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