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In case of China, the extend to which the central government can set laws and policies far exceeds what’s possible in India. India’s powers are split into Feder
by tecoholic 4mo ago
In case of China, the extend to which the central government can set laws and policies far exceeds what’s possible in India. India’s powers are split into Federal, State and “Concurrent” lists. Health and education for example is a state and concurrent list subject respectively, to which the “Indian Government” has only very limited say. So it’s apples to oranges when it comes to comparing investments in those domains.
- toomuchtodo 4mo agoIndia even has a state, Kerala, with strong communist political presence. https://en.wikipedia.org/wiki/Communism_in_Kerala https://en.wikipedia.org/wiki/Communism_in_Kerala
- deleted 4mo ago[deleted]