Numerical rules for debt can be rigid, but they work - they accelerate the return to the earlier level of debt after increments. Procedural rules are flexible but difficult to communicate and monitor, especially without strong fiscal _...Read More_

[https://m.economictimes.com/news/economy/finance/view-why-india-cannot-apply-rich-countries-current-orthodoxy-of-running-on-debt/amp_articleshow/81122016.cms](https://m.economictimes.com/news/economy/finance/view-why-india-cannot-apply-rich-countries-current-orthodoxy-of-running-on-debt/amp_articleshow/81122016.cms) >"How things change! In just one decade, fiscal austerity has gone from being a _...Read More_

[https://m.economictimes.com/news/economy/policy/view-india-is-not-china-the-new-policy-of-state-support-to-select-sectors-could-be-very-risky/articleshow/79229847.cms](https://m.economictimes.com/news/economy/policy/view-india-is-not-china-the-new-policy-of-state-support-to-select-sectors-could-be-very-risky/articleshow/79229847.cms) >"The government has announced a production-linked incentive (PLI) of _...Read More_