Business Standard

Economic policies need to be in the people's interest

The pursuit of the neo-liberal policies by the six-year BJP-led govt and the ten year Congress-led govt, need to be reversed

Illustration, economy, indian economy, CAD, growth, india's growth
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Illustration by Ajay Mohanty

Business Standard
The Congress-led UPA government has provided a bonanza to the corporates and the richer sections. From 13 billionaires (with net assets of Rs 5,000 crore and above) in 2003, by 2012 there were 122 such billionaires. Between 2009 and 2013 a massive Rs 21 lakh crores of central government tax revenues were given away as taxes forgone or in tax concessions. The government has resorted to massive disinvestment selling more than Rs 91,000 crores worth of shares of public sector units between 2009 and 2013. The government has allowed the loot of natural resources of the country whether it be

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First Published: Mar 30 2019 | 7:07 PM IST

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