News From Press Growth or fiscal balance sheet: Govt faces a tough choice

Growth or fiscal balance sheet: Govt faces a tough choice

Source: Livemint Nov 25, 2019

Prime Minister Narendra Modi’s government is facing a tough choice between saving economic growth and mending its fiscal balance sheet.

Much like Keanu Reeves in the Hollywood action thriller, Speed, Modi has to save a bus from exploding because of a rigged bomb. In the movie, the catch is that the vehicle cannot drop speed below a threshold else the bomb goes off.

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