Tryst with destiny, planning and deficit financing

My new piece on Moneycontrol:

The media is rife with discussions on whether and how the RBI should monetise the government’s deficits. India is no stranger to deficit financing as its 5-year Plans were based on it, which in turn created several problems for the Indian economy. We explore this long history and also try and answer the questions of today at the end.

Read on for details

One Response to “Tryst with destiny, planning and deficit financing”

  1. Anantha Nageswaran Says:

    Behind a paywall. Pity

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