Millennium Post - - Mp Editorial -

Ap­par­ently, the Union govern­ment brought a pop­ulist bud­get with an aim to gar­ner votes in Lok Sabha polls due this sum­mer. On the heels of it, a num­ber of states have un­veiled their fi­nance bills. What's com­mon is that all po­lit­i­cal par­ties be­lieve the best way for­ward is ex­pand­ing wel­fare with an as­sump­tion that growth will take care of it­self. None of them seems to be keen on re­form­ing the struc­tural as­pects of govern­ment ex­pen­di­ture which will bring in­fla­tion­ary trends in the long run. This does not bode well for the coun­try as the foun­da­tion of the growth re­mains frag­ile.

KHOKAN DAS Via email

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