The clear results of the recent assembly elections – be it the emphatic return of the incumbent in Assam or the ringing out of the old in West Bengal, Tamil Nadu and Kerala — underscore the need for the new governments to urgently address the problems plaguing the economies. The most pressing task is to raise the rate of economic growth. Of the four states, only Assam has done well enough, registering a compound annual growth rate of 11.4 per cent between 2014-15 and 2023-24. Over the same period, Tamil Nadu’s economy expanded by 10.3 per cent........

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