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The Economic Paradox: Why ‘Free’ Public Policies Carry a Steep Price Tag, According to India’s Chief Economic Advisor

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August 4, 2026
5 Min Read

India's Chief Economic Advisor, V. Anantha Nageswaran, warns that "free is the most expensive word in public policy." This statement highlights the hidden, long-term costs of populist schemes, emphasizing their potential to strain national…