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Free is the most expensive word in public policy: Nageswaran
CHENNAI: Flagging that “free is the most expensive word in public policy”, chief economic adviser (CEA) Anantha Nageswaran said infrastructure built on the promise of free or below-cost services cannot attract patient capital. “What makes infrastructure worthy of patient capital?
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economictimes.indiatimes.com
'Free is the most expensive word in public policy,' says CEA Nageswaran
Chief Economic Advisor V Anantha Nageswaran warned that offering utilities like water below cost undermines infrastructure, encourages waste and weakens investment. Speaking at…
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thehindubusinessline.com
Free is the most expensive word in public policy: CEA Nageswaran
Chief Economic Advisor Nageswaran warns that "free" services in public policy lead to economic destruction and long-term costs.
