India needs firms that can become global leaders, not just national champions. If we can become a critical part of the global supply chain, it would give us far more security and bargaining power than building firms that are contained within the country, economist @p_chatterjee tells @pujamehra.

Only a few firms in India have significant lobbying power in the economy. Economist @p_chatterjee argues that this asymmetry is why smaller firms across sectors are struggling with productivity. He tells @pujamehra on an episode of How India’s Economy Works. Listen in! @ShivNadarUni

Is India’s job crisis preventing young people from pursuing higher education? Economist @p_chatterjee says low job prospects could eventually lead to falling demand for education, further preventing prosperity from reaching the masses. "This is the first year we have seen a drop in college enrollment across the country," he tells @pujamehra. He questions the "misallocation" of resources, asking whether India is prioritising subsidies over critical investments in areas such as education and healthcare. Listen in!

In India, a firm's growth trajectory is closely linked to the quality of education. Here's why. Economist @p_chatterjee explains why small firms choose to remain small, and how the "missing middle" is holding back India's economy, in the latest episode of How India's Economy Works. Policy alone won't help, he tells @pujamehra. India also needs greater investment in education. "With education, firms are able to produce the kind of innovation that's missing in the economy." Listen in!

Listen to the full episode of How India's Economy Works for more: youtube.com/watch?v=xwYX_l0f….