Between 2000 and 2004, the Indian economy grew by 6.35%. Focuses on the states of Punjab and Kerala, which emphasizes the markedly different development strategies. States must decide whether to focus their investment efforts on physical capital and improvements in social indicators. Both countries face constraints in the form of budget deficit, competition from other states, and coordination with central government policy. "Hide
by Lakshmi Iyer Source: Harvard Business School 27 pages. Publication Date: February 14, 2007. Prod. #: 707008-PDF-ENG
