Strong market forces indicate the asymmetry will stay and lead to migration to developed states. Urban local bodies must be empowered to absorb their flows. While the Finance Commissions can’t fund local bodies directly, they can incentivize states to work on preventing economic concentration.
More in Opinion
Ajit Ranade: Why India shouldn't abandon capital gains tax for the sake of the rupee
November 2, 2026
India's festive consumption spike: Let's not jump to conclusions about what's fuelling it
November 2, 2026
India’s market slump: Here's why palliatives aren't enough to attract foreign investors
November 2, 2026
Mint Quick Edit | Why India must fix its education and skilling systems on a war footing
November 2, 2026
PSUs are back—but they should exercise caution when implementing artificial intelligence
November 1, 2026
Singapore once thrived on chokepoints—now they could strangle the free port
November 1, 2026
Latest News
Tenerife player in intensive care with injury
November 2, 2026
Smyth in contention as Saints evaluate kicker slot
November 2, 2026
England to host South Africa live on Sky Sports in Netball World Cup prep
November 2, 2026
Edwards: Borthwick turned down my offer to work with England
November 2, 2026
Almost 8.4m ticket requests for India-Pakistan World Cup tie
November 2, 2026
England call up Spencer and Randall as injuries hit
November 2, 2026