Reducing welfare spending right now is a dangerous gamble
Praveen Chakravarty writes: Increased government investment to stimulate economic activity is in principle a sound philosophy. But there are other more prudent ways to raise funds.
Praveen Chakravarty writes: Increased government investment to stimulate economic activity is in principle a sound philosophy. But there are other more prudent ways to raise funds.
By moving away from welfare and subsidies to capital expenditure, the government is betting that trickle down effects will boost private investment, leading to more jobs
Praveen Chakravarty offers his insights on the Economic Survey 2022 and what to expect from the Union Budget 2022-23.
The harsh truth is that India’s economy is not working for its people due to misguided policies. So, there is only one metric that India’s budget must focus on: Employment
In February 2015, Prime Minister Narendra Modi, in a speech in Parliament, ridiculed the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)….