Economic drag in India between GDP growth stimulation and freebie is no longer a debate about a policy timed to the bureaucrats-it publicly plays in social media and affects voter moods.
This discussion is based on a large selection: should the government stimulate long -term growth, putting in infrastructure and innovation, or should they prioritize short -term populism with gifts that win voices but potentially weaken economic foundations?
Critics warn that excessive dependence on subsidies and materials presses financial health and performance performance. Defenders resist that such well -being measures are necessary for life for low -income. But if the electoral strategies rests too much on the freebie, the broader goal is to create an elastic, independent risk economy.
Akshat Srivstova, founder of the Hatch, joined the choir, questioning the economic sound of India’s culture. When he came to X (previously Twitter), he called for ineffectiveness in masks as generosity.
“Option 1: You do not take into account the cost of ineffectiveness. Whenever the government decides to give a free grinding machine, they destroy wealth,” Srivstost wrote. “How? Because to pay for this mixture, they need to be more taxed to a competent person. Or devalue their savings by printing more money (what they do now).”
Unlike this, Schrevastov argued for what he called “an increase in the size of the pie” – or causing a real growth. “If you produce valuable things, it leads to growth. And the existing debt will be rejected from the real productivity.
The comments of the Srivastova came in response to the user who outlined two contrasting approaches to GDP growth: one relying on redistribution through taxation and freebies, and the other is due to entrepreneurship and innovation.
“1) You pay taxes and the government spends freebie. This man later spends the money to help GDP.
2. Another person creates a startup, provides work and creates products/services that more people would like to buy/enjoy.
GDP is a speed of the speed at which money is received (not considering the printing of money – I take a constant delivery of money). More than the speed of money, more tax receives the government. Now tell me what option you would choose, ”the user wrote.
