Sanjeev Ahluwalia | Budget for right results: State needs to step back
Does India budget for the right results? The answer to this question is a qualified “yes”. The country has excelled in welfare payments since 2020, though the focus on “saturation” targeting encourages large, inefficient spillovers in distribution of free food, free electricity and water supply, cash transfers to all farmers and subsidised “affordable” homes. Nevertheless, … Read more