Former Chief Economist of World Bank hints why India can become world's worst performing economy
New Delhi: Former Chief Economist of World Bank, Kaushik Basu recently took to his Twitter handle and briefed his views about how North Korea went on to become one of the worst-performing economies in the world.
In the tweet, Basu added that North Korea became one of the worst-performing economies in the world by dismissing reports and data that showed its economic slowdown as “anti-national propaganda” instead of taking corrective actions.
“North Korea became one of the worst performing economies in the world by a simple technique.—Every time data emerged showing that its economy had slowed down, instead of taking corrective action, this was dismissed as anti-national propaganda” Basu who is also a Professor of Economics, Cornell University, wrote in his tweet.
Although not in clear words, it was evident Basu was taking a dig at the approach of right-wing Indians, and those who are part of the government, who are often seen siding with and defending the government on the emergence of poor economic reports and data of slowdown.
Basu’s followers and other Twitter users were also quick to pick up and the hint Basu dropped with the tweet. While many users agreed with Basu’s views, some believed otherwise.
North Korea became one of the worst performing economies in the world by a simple technique.—Every time data emerged showing that its economy had slowed down, instead of taking corrective action, this was dismissed as anti-national propaganda.
— Kaushik Basu (@kaushikcbasu) December 10, 2020
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Kalaburagi: 22-yr-old driver killed on spot as pickup vehicle crashes into bridge on NH in Afzalpur
Kalaburagi: The driver of a pickup truck transporting fish was killed on the spot as the vehicle rammed into a bridge on the National Highway bypass in Balurgi village of Afzalpur taluk early Friday morning.
The deceased has been identified as Anil Dasharatha Bhovi (22), a native of Bandarwada village in Afzalpur taluk. He was reportedly driving from Jewargi to Solapur, when he lost control of the vehicle and crashed into a bridge on the bypass in Balurgi. Anil Said to have died on the spot due to the intensity of the crash.
Afzalpur Police have said that the body of the driver has been sent to the Afzalpur Government Hospital and will be handed over to the family after completion of the postmortem examination.
A case has been registered in this regard at the Afzalpur Police Station and investigation is underway.
