Even
the blinkered BJP government sees the need for a fiscal
policy to increase the government expenditure and stimulate
the economy; but it cannot tax capitalists or enlarge
the fiscal deficit, violating the dictates of globalized
finance and thus finds itself in a bind.
*
This article was originally published in People's
Democracy on March
14, 2021.
This Document is in Adobe Acrobat format and would
need a PDF reader to view it.
