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What Jaitley's two FB posts tell us about the economy and finance ministry

A 'virtual' resignation and the resolve to raise the tax-to-GDP ratio by 1.5 percentage points say a lot about North Block

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A K Bhattacharya New Delhi
Last week, Cabinet Minister Arun Jaitley made two significant announcements on social media that instantly became big news. More than their significance, they stood out as highly reassuring messages for those who worry about India’s macroeconomic fundamentals and how the government treats its professional economists. Observers also noticed in those social media posts a reflection of the state of affairs in North Block, headquarters of the finance ministry.
 
The first statement from Jaitley was on the challenges before the economy. Note that Jaitley is not technically in charge of the finance ministry as he is recovering from a surgery
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