Business »  Topic »  Across the Aisle by P Chidambaram: Spend, borrow, monetize

Across the Aisle by P Chidambaram: Spend, borrow, monetize


The Modi government has one last chance. It must get off its horse named 'Ostrich' and Spend, Borrow and Monetize. Otherwise, the people will never forget or forgive the Modi government for setting India's economy back by at least a decade.

Post Lockdown 1.0, every decision of the government has proved questionable in terms of the outcomes.

Last week, I had analysed the Rs 20-lakh crore stimulus package announced by the Prime Minister on May 12. In the past week, the details announced by the Finance Minister in five tranches have been dissected by analysts and economists. The ...


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