Opportunity brief
Overview
Think Strategically. Bid Wisely. Build Solutions.
Can you solve a state's most pressing challenges with limited resources, strategic decisions, and economic reasoning?
State Craft Challenge is an economics-based case competition that puts participants in the role of policymakers responsible for addressing real-world challenges faced by Indian states. From managing resource constraints to making strategic investments, teams must think critically, allocate resources efficiently, and develop practical solutions under a limited budget.
The competition combines economic knowledge, case-study analysis, auction-based resource allocation, teamwork, and presentation skills in an engaging simulation of policymaking.
Structure
Round 1: The Economics Quiz
Format: Online Quiz | Elimination Round
- The competition begins with an economics quiz designed to test participants' understanding of economic concepts, current affairs, and their practical applications.
- Participants will be assessed on their conceptual clarity, analytical thinking, and ability to connect economic principles with real-world situations.
- Objective: Identify the 12 qualifying teams that advance to the next round.
Round 2: The State Challenge
Format: Case Study + Resource Auction + Presentation
- The 12 qualifying teams will enter the main competition, where each team will be assigned an Indian state through a chit-based allocation system.
- Each team will receive a case study outlining a specific problem faced by its assigned state. The challenge could involve issues such as unemployment, inadequate infrastructure, agricultural distress, water scarcity, industrial development, or other socioeconomic concerns.
- Teams must analyse their case, identify the key challenges, and determine which resources are essential to developing an effective solution.
The Resource Auction
- Participants will then compete in an auction to acquire the resources required to address their state's challenges. Working within a limited budget, teams must decide which resources to prioritise, how much to bid, and how to allocate their available funds efficiently.
- The auction will test strategic thinking, resource management, decision-making, and the ability to balance competing priorities.
The Solution Presentation
- After the auction, each team will present its proposed solution, explaining how the resources acquired will be used to address the assigned problem.
- Teams should demonstrate the feasibility of their recommendations, justify their resource allocation decisions, and explain the expected economic and social impact on their state.
Prizes
- 1st Prize: ₹4,000 - 2nd Prize: ₹2,500 - 3rd Prize: ₹1,000