Short-term fiscal fixes now may hurt India in long term (Livemint)

Andy Mukherjee , Reuters Desperation is creeping into India’s economic policymaking. Having lost the fiscal plot, bureaucrats are trying to marshal resources by squeezing taxpayers, foreign investors, firms planning buybacks and even the central bank. Such overreach never ends well. Tax collections last year were a full 1 percentage point of gross domestic product (GDP)…

This content is for Monthly Subscription, Half-yearly Subscription and Yearly Subscription members only.
Log In Register

Updated: July 10, 2019 — 1:50 PM