Congress president Rahul Gandhi Monday pledged to give Rs 12,000 per month to every family in India if the Congress is voted to power in the 2019 elections.
The biggest problem with such ideas taking center stage in India’s political economy is that it distracts attention from the more pressing task at hand — creating high-quality jobs.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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