Indian Economic Advisor V Ananta Nageshwaran: India’s Chief Economic Advisor V Ananth Nageswaran has clarified the situation regarding India’s economic situation. He has said that it is the responsibility of a democratic government to create a welfare society. However, the question is always whether she will be able to afford it?
Chief Economic Advisor V. Ananth Nageswaran, while talking to news agency ANI, said that this issue should be looked at from an emotional perspective and from a sensible perspective. Also the question should be asked whether this is helping people or not. Or it could have been done some other way.
This is an agreement between government and society: Nageswaran
He said that if the society benefits from thoughtfully provided free facilities, then it is an agreement between the government and the society. Nageswaran said that there is welfare expenditure in developed countries. They are also struggling with some questions. He has made promises of pension, unemployment, insurance, health facilities. G-7 countries are also struggling with this. He had also made these promises. I think it is generally the responsibility of a democratic government to create a welfare society. Therefore, it cannot be said that there should be no benefit from the government.
The economic advisor has said that some sections of the population need help. These benefits can be linked to improvements in parameters such as education and skill development. Do you want to limit these benefits to a specific section of the population who is entitled to it? Without this he will not be able to survive. You have to bring them to a certain level. Where he can compete. Can you really help them with expenses other than the free service? Should you make it for everyone? Should you make it without a time limit?
The economic advisor asked whether you should add some conditions. Not because they have to return any kind of money, but on terms that are actually for their own benefit. Just as you have to show improvement in your children’s academics, you have to send them to school. Then I will give you this.
He said that we have to see whether you are at least adding such conditions which will improve the quality of life of the people. These are all questions. I think these are the questions we should ask. We should move forward in this direction.
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