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The Economic Times

Opinion / The Economic Times

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Can India's colonial-era state power an AI-driven economy?

India's state structure, designed for control, faces challenges in the current dynamic technological era. Prime Minister Modi's government has improved welfare delivery and infrastructure development significantly. However, future progress requires greater state risk-taking and unleashing entrepreneurial capabilities. Industrial policy's comeback necessitates substantial financial support and performance-based promotion for firms. Adapting the state's core functions is crucial for India to achieve global leadership.

8 Jul 2026 11:17 pm