If crisis drives the reform, whoever comes to power on May 23 will have their task cut out.
The economy is in bad shape with a major fiscal crisis looming large — demanding urgent reforms.
If one looks for an opportunity, competitive politics has brought the Indian economy to the precipice of inevitable reform in the government’s budget and expenditure.With PM Narendra Modi’s PM Kisan Samman Nidhi Yojana (quarterly cash assistance to farmers) and Congress president Rahul Gandhi’s mega NYAY, Universal Basic Income Scheme, India’s political economy has reached a stage of much-avoided realism — an array of government schemes have […]
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