Business Standard

Thursday, February 13, 2025 | 10:30 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Strong expectations from a weak state

The Indian state has been weak, and remains weak. But our expectations from it remain strong

Image
Premium

Debashis Basu
Smart people from the investing world, with years of experience, were waiting for the government to deliver a financial package, which would support businesses — like the governments of the US and Japan have done. Their hopes were belied — once again — and the markets sank in disappointment. And yet, the next time there is a similarly gloomy scenario, you can bet that the same people will have the same expectations. The Indian state has been weak, and remains weak. But our expectations from it remain strong. If we misjudge the state’s capacity in an area (economy) where it
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in