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After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by ‘seat-of-the-pants’ decision-making. Debashis Basu The global gloom-and-doom scenario of 2022 (inflation, higher interest rates, and economic slowdown) continued into 2023, but the climate changed in the March quarter. In the
After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by seat-of-the-pants decision-making, observes Debashis Basu.