Swaminathan S. Anklesaria Aiyar
Economist / Editor / Researcher
Swaminathan S. Anklesaria Aiyar is graduate of St. Stephen’s College, University of Delhi and Magdalen College, University of Oxford. He is currently a Consulting Editor for The Economic Times and a research scholar at The Cato Institute.
India is currently the world’s fastest-growing major economy. Hurrah. But the combined fiscal deficit of the Centre and states exceeds 10% of GDP, horrendously high by international standards. High fiscal deficits can spur high growth...