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Finance Minister

Budget has a demand problem

For much of economic history, the idea that production would eventually generate its own demand rested on a set of strong assumptions: flexible prices, full employment, and a financial system that transmitted savings smoothly into investment.

Cryptocurrencies should be prohibited: Finance Minister

"In view of the concerns expressed by RBI on the destabilising effect of cryptocurrencies on the monetary and fiscal stability of a country, RBI has recommended framing of legislation on this sector. RBI is of the view that cryptocurrencies should be prohibited,"