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Tax wealthy, not fuel and gold: Former UN Advisor, economist Santosh Mehrotra warns of Rupee slump, job losses
Former UN Advisor Santosh Mehrotra urged the government to tax the super-rich instead of relying on indirect taxes on fuel and gold, warning these are fueling inflation and job losses. He cautioned that escalating geopolitical tensions could push the Indian Rupee to ₹100 against the US dollar within a quarter, exacerbating economic stress.
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thehindubusinessline.com
Oil price shock to widen current account deficit, to push inflation higher: Santosh Mehrotra
He expected inflation to rise further as government action on fuel and gold comes "too little, too late," while geopolitical risks and supply disruptions keep pressure on the…
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economictimes.indiatimes.com
Tax wealthy, not fuel and gold: Former UN Advisor, economist Santosh Mehrotra warns of Rupee slump, job losses
Former UN Advisor Santosh Mehrotra urged the government to tax the super-rich instead of relying on indirect taxes on fuel and gold, warning these are fueling inflation and job…