The single most important aspect of the Indian economy is its very large black economy. In fact, it impacts not just the economic aspect of society but also its social and political facets. All the macroeconomic variables like, growth rate of the economy, inflation and fiscal policies are affected by the black economy. The microeconomic variables like education, health, drinking[Read More...]
The post Black Economy in India: The Path to Growing Inequality appeared first on Countercurrents.
Source