Right from 1950, we have followed wrong policies raising production cost: RC Bhargava

It started right from 1950 when we started policies designed to promote socialism at the cost of industrial activity. Industrial activity in a sense required the cost to be subsidised by the social programmes of the government. For example, the cost of inputs to manufacturing, electricity costs were deliberately raised for industry, lowered for individuals, agriculture and things like that. But it increases the cost of production, said Bhargava.

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