Unviable populist schemes could create Sri Lanka-like situation, say secretaries at meet with PM Modi
https://economictimes.indiatimes.com/news/india/unviable-populist-schemes-could-create-sri-lanka-like-situation-say-secretaries-at-meet-with-pm-modi/articleshow/90633791.cms ..
Two secretaries while citing a populist scheme announced in recent assembly polls in a state, which is in financially bad shape, and similar schemes in other states said they are economically unsustainable and could take the states down the same path as Sri Lanka, the sources said.
During the meeting, Modi categorically told bureaucrats to come out of the mentality of managing shortages to the new challenge of managing surplus. He told them to give up the old story of citing "poverty" as an excuse for not taking up major development projects and asked them to adopt a bigger perspective, the sources said.
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