‘Woo Private Sector, Keep Corporate Tax At 10 Per Cent'

THE ECONOMIC SCENE TODAY looks gloomy.

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I had given the first hint of a slowdown in an op-ed in The Hindu in 2015.

Today such is the gloom that any financial institution can collapse. The MSME sector has been adversely affected.

It seems those in charge have no clue as to what’s happening. Of course, the PM doesn’t have to be trained in formal economics.

But it’s a different matter with Finance Ministers. Arun Jaitley had no formal training in economics.

Nirmala Sitharaman has not gone to the field of technical economics.