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Tag: Wooing the Corporates

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  • Wooing the Corporates

    Wooing the Corporates

    The present economic downturn could probably have been handled better if the Government had decided to invest at least part of the Rs 1,45,000 crore of the foregone tax revenues in rural infrastructure and jobs because corporates have deep pockets and easy access to credit and make investment decisions at only the right moment whereas poorer sections of society are likely to spend any extra money quickly either in income generating activities or in consumption.

    October 1, 2019