A finance minister usually knows where the shoe pinches. Revenue is short, the deficit is too high, inflation is not where it should be, nor economic growth... the usual list. The minister also knows which wheels of the economy are squeaking, and this year they have been squeaking more loudly than is usual. The problem is that those who have lost their wheels altogether, so to speak, are the silent ones who can’t squeak at all amidst the Delhi cacophony — the millions who have been pushed back into poverty by the pandemic. This number for India is said to
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper