To Grow or not to Grow: Ram Mohan, IIM Ahmedabad

  • “The coming Union Budget is a huge challenge for the government. The world economy is facing the severest stresses since the financial crisis of 2008.
  • Against this background, the promise of an early return to the growth path of 8 per cent has faded.
  • The Budget must do what it takes to ensure an early return. As the spirits of businessmen are weak, government spending must take the lead” he said.