Less than a year to the general election is a tricky time for setting a stable economic narrative. The government will glorify its achievements. The opposition will skew comparisons against its own track record, preferring to affirm how things used to be “much better”.
But an objective analysis of forces shifting our economic realities is needed. An analysis which, when stripped of embellishments, simply tells us… How are we really doing?
For starters, let us omit challenging the very purpose of an economic policy (i.e., I won’t question whether demonetisation actually reduced black money. Would GST turn out to be a net positive? Whether RERA would bring or is bringing in more transparency in real estate?). Also excluded are comparisons across preceding political tenures. Read more
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