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18Jan 2025
Why The Budget Must Prioritize Incentives, Not Just Resources
Relevance: GS 3 – Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment; Inclusive growth and issues arising from it; Government Budgeting. Why in the News? Corporate investment has remained stagnant despite tax cuts, indicating that availability of resources alone does not drive growth. Last year’s budget emphasized improving coordination …
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