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Arindam Das-Gupta: Fiscal reform: Why not tackle the waste?
If your car had a fuel-guzzling engine that broke down frequently, what would you do?
(A) Get the engine repaired?
(B) Try to earn more to pay the high fuel and repair bills, and keep the car on the road?
It’s obvious! Get the engine fixed. The UPA government’s fiscal reforms agenda, however, is like option B. No institutional reforms to reduce waste and inefficiency are being implemented.
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