Budget 2021: Balance economics with politics
India, Jan. 17 -- With the budget just over two weeks away, economist after economist is calling on finance minister (FM) Nirmala Sitharaman to spend, spend and spend. The renowned 20th-century economist, John Maynard Keynes, whose economic theory is being quoted in justification of government spending, once said: "No part of man's nature or his institutions can be outside an economist's regard". There must be a question mark on whether the economists offering advice to the finance minister have taken into account politics, so very much part of the nature of most Indians....
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