The Economic Survey has become an exceptional analytical treatise. This year, the value adds was even higher, with the treatment of demonetisation impact, internal dynamics of people and goods moving inter- and intra-states, and much more. Remarkably, even in times of a growth slowdown, the fiscal stance remains conservative with a clear warning against unwarranted counter-cyclical debt build-up.
The redistribution narrative is strong. Of particular interest were the analysis and recommendations on the proposed changes in redistributive strategy and income transfers, which have gained support under the rubric of Universal Basic Income (UBI). A start has already been made
The redistribution narrative is strong. Of particular interest were the analysis and recommendations on the proposed changes in redistributive strategy and income transfers, which have gained support under the rubric of Universal Basic Income (UBI). A start has already been made
