India Economy: Freebies hurting the economy? Swaminathan Aiyar differentiates revaris from jalebis – The Economic Times Video

Do freebies end up hurting the economy? Earlier this week, Prime Minister Modi had said freebies handed out by states are not in the interest of the taxpayers and set the nation back. Swaminathan Aiyar says the onus lies with the parties to convince voters which (dole) is appropriate, taking into account short-term and long-run consequences.