this post was submitted on 12 Jul 2023
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Cheap labour can't be the only reason to attract investment. Because India has even cheaper labour with lots of unemployment right now. Quality of labour is sure a thing to attract industries but then govt have to spend a lot on public health, education, roads, transport and other infra. And its very effectively done is communist countries then in lib dems with bourgeois rule.
I mentioned the investment required for good quality labour towards the end