India

Quietly, Maharashtra, Tamil Nadu outrace Gujarat

February 02, 2015 03:51 PM

On the face of it, signing 21,000 MoUs (imagine the paperwork) and capturing Rs. 25,00,0000 crore ($415 billion) of investment intentions is a big deal. The bigger the numbers, the bigger the sense of achievement. The larger question is: does it matter? And more importantly, does it really help?

The answer to both is perhaps yes.

But before we delve into the argument, let's look at some figures. For instance, a state like Maharashtra achieves almost as much as Gujarat with seemingly less effort 

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