Limited dose of freebies good for economy: Kejriwal
24-January-2020
Delhi Chief Minister Arvind Kejriwal on Friday said freebies were good for the economy, if no extra tax were to be imposed and it did not lead to budget deficits.
Kejriwal, whose government has been criticised by the BJP for giving "freebies", also said that freebies make more money available to the poor.
"Freebies, in limited dose, are good for economy. It makes more money available to poor, hence boosts demand. However, it should be done in such limits so that no extra taxes have to be imposed and it does not lead to budget deficits," he tweeted.
Delhi is going to the polls on February 8 and the Aam Aadmi Party (AAP) government has announced that it will continue its freebies on electricity and water, if re-elected.IANS
After Six Years of Profitable Bootstrapping, Medulance Raises Rs 25 Crore to Expand Nationally
IIM Grad and First-Generation Entrepreneur Anish Popli's ProcMart Secures Rs 250 Crore in Series B Funding
First Indian Space Tourist Talks Dreams and Inspiration Before Blue Origin Flight
Former MLA Rathod Bapu Rao Switches from BJP to Congress in Telangana
Zerodha Co-Founder Nikhil Kamath Launches 'WTFund' to Support Young Entrepreneurs