ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Kamal SharmaSubscribe to Kamal Sharma

Economic Growth and Development in West Bengal

In the story of India's development after the advent of 'economic reforms', the emergence of West Bengal as the fastest growing state is a real surprise. The reality of this is shrouded by the perception about West Bengal being in a state of economic decline, as much of the eastern region is. The reality of economic growth in West Bengal not only rips apart the perceptions, but also speaks volumes of how the state has, by and large, beaten the odds stacked against it by a generally indifferent central government.

FDI in India's Retail Sector

The entry of FDI in India's retail sector is inevitable. However, with the instruments of public policy in its hands, the government can slow down the process. Japan has done this quite effectively. The government can try to ensure that the domestic and foreign players are more or less on an equal footing and that the domestic traders are not at a special disadvantage. The small retailers must be given the opportunity to provide more personalised service, so that their higher costs are not taken advantage of by large supermarkets and hypermarkets.
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