Modi 2’s Last Full Budget Ignores Indian Economy’s Basic Problem
By Prabhat Patnaik The most outstanding feature of the Indian economy today is the sluggish increase in real consumption expenditure. Between 2019-20 and 2022-23 for instance the per capita real consumption expenditure has grown by less than 5 per cent which is less than the rate of growth of the gross domestic product. Even the […]
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