Capital expenditure undertaken hastily to meet year-end targets dilutes the quality of the exercise and undermines the economy's benefits from such investment.
After studying the Great Depression, Keynes concluded that in times of huge economic stress, the government should become the spender of the last resort.
Experts discuss India’s sustainability journey and how it is evolving from a narrative of climate intent to one grounded in economics, infrastructure, and long-term returns.
Pakistan lacks capacity to deliver aircraft at pace suggested by its claimed contracts as it depends on China for avionics, electronic warfare, weapons, and on Russia for engines.
Pakistan not only has zero chance of catching up with India in most areas, but will inevitably see the gap rising. Its leaders will offer its people the same snake oil in different bottles.
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