Have we just entered a debt trap?

Feb 24 2014, 15:28 IST
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SummaryBusiness schools must train students to analytically understand the Budget and also read between the lines so that they are able to take intelligent business decisions in the future.

required liquidity into the system. The next Budget, post-elections, must get cracking on subsidy-reduction, infrastructure-building, tax rationalisation and other things that rulers are wary of doing close to elections. The next government with elections five years away can and must really do stunning things for the economy.

The author is faculty of economics in SIMS, Symbiosis International University, Pune.


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