The Eco Survey for 2016 is out and upon us! And in typical Capital Mind fashion, we look to dissect it to find out the points that really drive home, the key issues that face the Indian economy in the months to come. Of course, it does wax eloquent about some of the ground-breaking schemes launched by the incumbent policy-makers and its breath-taking effects on the economy, but hey, as usual, we take them with a pinch of salt. Having said that, there are some wonderful observations provided in this gem of a document, and plenty of them have been backed by data – end of the day, numbers do not lie. Continuing on in that fashion, there is a brilliant chapter called the “ Chakravyuh Challenge “ . It is a fantastic euphemism for the much-talked about ‘exit’ problem in the Indian industry. Here’s what the ‘Chakravyuha Challenge’ actually means, in the CEA’s own words: India has made great strides in removing the barriers to the entry of firms, talent, and technology into the Indian economy. … (Read On…)
[via Capital Mind]
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