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Thursday, 22 August 2019

Stimulus to industry creates moral hazard: CEA

Skeptical about the efficacy of a bailout package to Indian industry, chief economic adviser K V Subramanian on Thursday said any such step will be a "moral hazard" and an "anathema" to the market economy. The remarks come amid demand by India Inc for stimulus package to deal with the slowdown in various sectors of the economy.

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