Stability – not political gestures

Government is undertaking difficult job of dialling back its spending, marking a near complete unwinding of the pandemic-driven fiscal expansionWritten by Neelkanth MishraFebruary 2, 2024 06:55 IST This appeared in the Indian Express on 2 February, 2024 (link). Economic theory suggests that governments should spend more when private firms and households do not feel confident … Read more