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Economy

Achieving $5 trillion GDP goal: ‘Paracetamols’ and ‘steroids’ won’t work

Updated : November 28, 2019 06:49 AM IST

When growth slows down, there is a widespread concern and angst with the expectation that the government would bail out the economy from the situation.
The policy of reservation of several hundred products for small scale industry under the mistaken belief that this would provide larger employment proved highly counter-productive.
Achieving $5 trillion GDP goal: ‘Paracetamols’ and ‘steroids’ won’t work

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