The long run vs the short run

There are no easy solutions to two important debates of our times-sustainable development and the basic structure of the Constitution, but the guiding principles are clear

Ajay Tyagi
Last Updated at February 16, 2023 22:04 IST

In the run-up to the Budget presented on February 1, many had suggested that the government would be better off planning for the long term instead of giving in to short-term populism. Basically, they were advocating prioritising fiscal prudence over near-term growth impulses, with the argument that ultimately such an approach would benefit the economy in the long run.

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