Maharashtra's leadership position in India is under threat. The State is facing several bottlenecks to development: the private sector is no longer embracing Maharashtra and the public sector banks are increasingly reluctant to assist Maharashtra in its off-budget endeavors. Thus, the status quo...

"Most high and middle-income countries showed symptoms of skill-biased technological change in the 1980s. India-a low income country-did not, perhaps because India's traditionally controlled economy may have limited the transfer of technologies from abroad. However the economy underwent a sharp...

Differences in the investment climate have recently gained centre stage in explaining variations in competitiveness, growth and prosperity across countries or regions. The investment climate comprises institutional and policy variables that have a crucial bearing on business performance, but...