Parley by The Hindu

Is India’s growth story benefiting only big capital?

Sep 26, 2024
Himanshu, a Professor of Economics at Jawaharlal Nehru University, dives deep into India's economic landscape post-COVID-19. The conversation highlights a K-shaped recovery that disproportionately benefits large corporations. They discuss how current policies favor big capital, leaving small businesses struggling. Taxation inequities and high compliance costs are critiqued, urging for reforms to promote a more inclusive economic environment. The need for a supportive regulatory framework and equitable taxation is emphasized to empower smaller enterprises and spur sustainable growth.
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