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A comment on From Underwear to Cars, India’s Economy Is Fraying. Parent comment

Re:From Underwear to Cars, India’s Economy Is Fraying by thawaway1837 on Tuesday September 24, 2019 @08:01AM (#21059054)
You can hardly call the policies socialist, because there is no coherent thinking behind any of the policies.

Rather, the current government’s actions seem to be driven solely by the government’s electoral needs of the day.

New election coming up? Announce huge “socialist” policies promising free stuff to a lot of people.

Massive foreign rally where the economy will be a rallying point coming up, but your markets are at a low and falling? Announce a huge “capitalist” 10% corporate tax rate cut that boosts the markets and doesn’t throw a dampener on your rally.

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Re:From Underwear to Cars, India’s Economy Is Fraying by sbmthakur on Tuesday September 24, 2019 @09:58AM (#21060198)
> Rather, the current government’s actions seem to be driven solely by the government’s electoral needs of the day.

That's what any Government does in India.

https://m.timesofindia.com/city/bhopal/farm-loan-waiver-take...

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