Freebies are never free, subsidies that distort prices are harmful: RBI MPC member

2022-08-21 6

Freebies are never 'free' and when political parties offer such schemes, they must be required to make the financing and trade-offs clear to voters, RBI Monetary Policy Committee (MPC) Member Ashima Goyal said on Sunday, adding this would reduce the temptation towards "competitive populism".

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