No jobs wave, and the makings of a banking crisis.
Policy by Alia AllanaDec 12, 2018
Every Indian of
employable age is an entrepreneur. Millions of small businesses each employing
less than 10 people can usher in a wave of prosperity unseen and unheard in the
annals of history. The green shoots of the economy will not sprout from
capital-led labour-intensive manufacturing but from under the thousands of pakoda
and chai shops that will come up on government-backed micro loans.
These were just some of the assumptions that led Prime Minister Narendra Modi
to launch the Mudra
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is a staff reporter at Fountain Ink. The Middle East, foreign policy, crime, fashion, and social media are her areas of interest.
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