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Fixing software bugs in India's economy


Fixing software bugs in India’s economy
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(Photo: PTI)
Arvind Subramanian,
Josh Felman
Beyond the Budget, the key to reviving growth lies in improving economic stewardship. Here’s how
In the upcoming Union Budget, measures must be urgently taken in order to address the protracted and worsening Twin Balance Sheet problem, including revitalizing the IBC.
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NEW DELHI :
The upcoming Union Budget is a critical one, for it offers an opportunity to reset the economy so that it can boom again in the coming years. But this opportunity can only be seized if the Budget is based on a sound diagnosis of the problem: Where are we now and why? This piece aims to serve up a diagnosis and suggest a way forward. ....

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