ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Indian Economy in 2011: Dualism in Policy Formulation

Our policymakers face a dilemma: should we have adequate food and nutrition for all or should we have world-class airport terminals? In an ideal world, one could possibly have them both. But if there are limited resources and there is a question of setting priorities, then surely it should be possible to hold the view that the former should get precedence. Well-trained neoclassical economists can often employ much abstract modelling to prove the opposite.

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Indian Economy in 2011: Dualism in Policy Formulation

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