Arvind Subramanian presented Chief Economic Survey today which included analysis of notes ban. India’s annual $300 billion budget is always unveiled with great pomp and circumstance. The finance minister quotes Shakespeare. The president arrives to Parliament in a horse-drawn carriage. So it’s not surprising when the country’s chief economics adviser unveiled a dramatic new proposal that would provide no-strings-attached cash stipend for millions of Indians, he posed it as a philosophical question.
What would Gandhi think?
No doubt India’s revered freedom fighter and champion of the poor might have some questions about the idea Arvind Subramanian put forth in India’s economic […]
Full Post at www.ndtv.com