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Raghuram Rajan: Investors must take Rajan's promise, not Pitroda's threat

Investors are anxious about the potential impact of the ongoing general elections on economic policies. The possibility of the INDIA alliance, led by the Congress Party, coming to power has raised fears of a significant policy shift, particularly following suggestions of introducing an inheritance tax. However, it s important for investors to differentiate between exaggerated concerns and actual risks. ....

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Wealth Redistribution Tempest: Much ado about nothing (read no vote bank)?

The idea of wealth redistribution proposed by Congress leader Rahul Gandhi has sparked a heated debate in India s political landscape, with Prime Minister Narendra Modi labeling it as dangerous . The discussion revolves around conducting surveys to assess wealth distribution and potential redistribution policies, stirring up controversy and accusations between political parties. The issue highlights growing income inequality and calls for radical measures to address economic disparities. While some experts advocate for progressive taxation and social spending to enhance economic equality, others caution against the potential negative impacts of wealth redistribution on individual incentives and overall economic growth. The ongoing debate underscores the complex challenges of wealth inequality in India and the need for thoughtful and effective solutions to ensure a fair and inclusive society. ....

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