Monday, October 30, 2017

Jayati Ghosh — The Golden “Diwali Gift”

The Modi government made its supposed determination to end corruption in India its signature theme. The massive damage done by demonetisation as well as the continuing chaos produced by the flawed introduction of the Goods and Services Tax have all been justified on the grounds of reducing possibilities of corruption and tax avoidance. Similarly, the imposition of Aadhaar requirements on the population for access to all manner of publicly provided goods and services is regularly justified on the grounds of reducing “leakages” and misappropriation of benefits. The Prime Minister has sought to burnish his image of anti-corruption crusader through emotional appeals and dramatic public claims that he is willing to be sacrificed for the larger good of “cleaning up” the country.
Yet, like so many other policy initiatives of this government, the heavily publicised anti-corruption moves also were mostly about optics and hype rather than substantive change, since the quiet, careful and systematic measures that could have dented various types of corrupt practices at different levels were rarely undertaken....
Real-World Economics Review Blog
The Golden “Diwali Gift”
Jayati Ghosh | Professor of Economics at the Centre for Economic Studies and Planning, School of Social Sciences, Jawaharlal Nehru University, New Delhi

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