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India could very well be in stagflation situation before end of next fiscal: Mythili Bhusnurmath

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"Democracies will have to learn that populist measures cannot take you very far. They may be good in the short term but long term, there is disaster and that is a learning that must come across for all political parties. Power sector reform, loan waivers are classic examples of freebies. We are certainly on a slippery slope leading to further and further distress in the long term," says Mythili Bhusnurmath, Consulting Editor, ET Now.


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