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Tuesday, March 16, 2021

The discourse on the economy has been hijacked by the bond market types - Business Standard

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If you take the trouble to collect the whole set of things that have been done - you need go no further than the finance ministry website - you will realise how pathetic the discourse has been

Topics
Indian Economy | bond market | Economic slowdown

T C A Srinivasa-Raghavan

The government thinks its side of the reforms story is not being heard and therefore discussed. But whose fault is it? Many would say that the government has not been able to communicate effectively. But that is only partly true. The fact is that in the last 15 years India’s economic policy story has been hijacked by the bond market types.

I don’t know why this has happened but it is an extraordinary and unwelcome change in the discourse on economic issues in India. Much, if not all, of it is now about finance. It is as if the real sector doesn’t exist. Even within ...

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First Published: Wed, March 17 2021. 08:19 IST

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"discourse" - Google News
March 17, 2021 at 09:49AM
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The discourse on the economy has been hijacked by the bond market types - Business Standard
"discourse" - Google News
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