In a State of Bother

Business Today

In the recent Delhi elections, in which the incumbent Aam Aadmi Party (AAP) scored a resounding victory, the issue of politicians doling out freebies (a charge levelled at AAP for providing subsidised power and water, among other things) to win votes was the talk of the town. Fiscal fundamentalists - those who want governments to keep a tight leash on 'unproductive' spending - have always fretted…

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