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Maharashtra loses projects and pride

At a broader level, arm-twisting investors to rejig their choice of location not based on business considerations can have a serious implications on those looking to invest in India. Besides, every state and region offers certain advantages which the Center should not interfere with just because it has the power to issue licenses. We are talking about ‘federalism’ being part of the basic fabric of the Constitution. 

A few projects lost to Gujarat will not substantially alter growth prospects of Maharashtra. But in the game of optics, Gujarat’s gain is now seen as Maharashtra’s loss deliberately inflicted by a Machiavellianpolitical class. Somewhere in the future, there could be payback too.

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