Don't Obsess Over Fiscal Discipline: Kaushik Basu

  • 23:24
  • Published On: February 17, 2016
Cinema View
Embed
Kaushik Basu, chief economist at the World Bank and a former Chief Economic Advisor to the Indian Government, told NDTV that while fiscal discipline is important we must not make an obsession of that. In a situation of weak global growth, you may need to give a little bit of extra stimulus to get India growing, he added.

Related Videos

Chhattisgarh Secures Rs. 6,000 Crore in Investment Proposals at Investor Connect Meet
January 23, 2025 1:11
Budget 2025: Will India Meet its Fiscal Deficit Target? HSBC's Chief Economist Shares Insights
January 23, 2025 11:56
India's Economic Future Amid Global Geopolitical Shifts: Experts Discuss at WEF
January 23, 2025 13:18
Need To Rethink Our Tax Policy: Surjit Bhalla, Former IMF Executive Director
January 22, 2025 12:17
India's Fiscal Deficit To Shrink Amid Strong Tax Revenues: World Bank
January 20, 2025 7:03
What's Next For Fusion Power And AI? 3 Business Leaders Explain At Davos
January 19, 2025 8:06
India Cements Its Place As The World's Fastest-Growing Major Economy
January 17, 2025 0:44
India To Remain Fastest Growing Major Economy, Projects World Bank
January 17, 2025 1:33
India To Remain Fastest Growing Economy Says World Bank
January 17, 2025 1:07
World Bank Lauds India's Growth, New H-1B Visa Rules, Russia And Iran's New Pact
January 17, 2025 19:47
Top Headlines Of The Day From Across The Globe: January 17, 2025
January 17, 2025 1:51
Trump's Treasury Nominee Vows To Protect Dollar | JPMorgan's Biggest Annual Profit
January 16, 2025 2:57
  • Donald Trump Signs Executive Order To Declassify JFK, RFK, And MLK Jr. Assassination Files
    January 24, 2025 2:57

    Donald Trump Signs Executive Order To Declassify JFK, RFK, And MLK Jr. Assassination Files

  • Trump On Ukraine War | Trump Claims Ukraine War "Wouldn’t Have Started Under His Presidency"
    January 24, 2025 2:22

    Trump On Ukraine War | Trump Claims Ukraine War "Wouldn’t Have Started Under His Presidency"

  • "Adani Group Boosting Education Sector": Top US Educationalist On NDTV
    January 24, 2025 4:13

    "Adani Group Boosting Education Sector": Top US Educationalist On NDTV

  • FIITJEE Coaching Centers Shut Across UP, Delhi As Teachers Quit Over Unpaid Salaries
    January 24, 2025 4:57

    FIITJEE Coaching Centers Shut Across UP, Delhi As Teachers Quit Over Unpaid Salaries

  • Asaduddin Owaisi: "If Kejriwal Can Get Bail, Shifa Will Win From Jail"
    January 24, 2025 2:50

    Asaduddin Owaisi: "If Kejriwal Can Get Bail, Shifa Will Win From Jail"

  • Chandigarh: Firing On Police Constable During Police Checking
    January 24, 2025 2:37

    Chandigarh: Firing On Police Constable During Police Checking

  • Over 200 Contacts Of "Mystery Illness" Victims Quarantined In J&K's Rajouri
    January 24, 2025 2:54

    Over 200 Contacts Of "Mystery Illness" Victims Quarantined In J&K's Rajouri

  • "If Assam Did Not Check Illegal Infiltrators From Bangladesh...": Biren Singh
    January 24, 2025 2:43

    "If Assam Did Not Check Illegal Infiltrators From Bangladesh...": Biren Singh

  • Massive Fire Balloons Near Los Angeles
    January 24, 2025 0:38

    Massive Fire Balloons Near Los Angeles

  • Frank McCourt Eyes Tiktok US Operations: Will He Team Up Or Go Solo?
    January 24, 2025 0:36

    Frank McCourt Eyes Tiktok US Operations: Will He Team Up Or Go Solo?

  • First State Visit To India By Indonesian President Prabowo
    January 24, 2025 2:38

    First State Visit To India By Indonesian President Prabowo

  • Sanitation, Affordable Housing: What Do Students Of Delhi Want?
    January 24, 2025 5:33

    Sanitation, Affordable Housing: What Do Students Of Delhi Want?

  • 'Why Poll Body Acting As Mute Spectator?': Atishi On Arvind Kejriwal's Security Showdown
    January 24, 2025 5:42

    'Why Poll Body Acting As Mute Spectator?': Atishi On Arvind Kejriwal's Security Showdown

  • "People Of Delhi Want Change": BJP's Kailash Gahlot On NDTV
    January 24, 2025 3:11

    "People Of Delhi Want Change": BJP's Kailash Gahlot On NDTV

  • Saif Ali Khan Records Statement With Cops, Narrates January 16 Horror
    January 24, 2025 10:00

    Saif Ali Khan Records Statement With Cops, Narrates January 16 Horror

  • Trump's Birthright Citizenship Order Blocked, Vikram Misri To Visit China On Republic Day
    January 24, 2025 18:02

    Trump's Birthright Citizenship Order Blocked, Vikram Misri To Visit China On Republic Day

  • California Fire Update | Evacuations, Red Flag Warnings As Fires Rage Across Southern California
    January 24, 2025 2:28

    California Fire Update | Evacuations, Red Flag Warnings As Fires Rage Across Southern California

  • Vikram Misri Heads To Beijing: What's Behind The Timing Of His Visit?
    January 24, 2025 3:21

    Vikram Misri Heads To Beijing: What's Behind The Timing Of His Visit?

  • Show Me The Money: Trump's Davos Message On Tariffs, OPEC And China
    January 24, 2025 3:15

    Show Me The Money: Trump's Davos Message On Tariffs, OPEC And China

  • Trump's Birthright Citizenship Ban Stopped: What Legal Principles Are At Stake?
    January 24, 2025 4:34

    Trump's Birthright Citizenship Ban Stopped: What Legal Principles Are At Stake?

  • "Will Ban Liquor Sale At 17 Religious Sites": Madhya Pradesh Chief Minister
    January 24, 2025 1:45

    "Will Ban Liquor Sale At 17 Religious Sites": Madhya Pradesh Chief Minister