Burning Question LIVE: Punjab And Himachal's Struggle With Freebies And Fiscal Responsibility
Burning Question LIVE: Punjab And Himachal's Struggle With Freebies And Fiscal Responsibility
The debate between populism and welfarism intensifies as Punjab and Himachal Pradesh face the consequences of their policy choices. Both states, led by Congress and AAP respectively, grapple with the financial fallout of ambitious poll promises. Punjab has raised taxes, while Himachal Pradesh struggles to pay salaries, deferring payments for government employees and pensions. The AAP government in Punjab has also increased bus fares. These fiscal challenges highlight the difficulties of balancing populist promises with economic realities, raising questions about the sustainability of such policies and the lessons learned from these experiences.
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