Gdp Quote by Prashant Bhushan
“It is argued by our GDP obsessed policy planners that eventually the money being made by the stock market operators or the IT industry would trickle down to the poor farmers in terms of ancillary jobs that would be created. But the fact is, that this has not happened, despite the boom in the stock market and the IT industry.”
About This Quote
Source Interview: Economic Policy Discussion, Prashant Bhushan, 2020
He critiques the belief that stock market and IT growth will benefit poor farmers, noting the promised trickle‑down never materialized.
In simple terms: Economic growth hasn't helped poor farmers as promised.
Key Takeaway
Question assumptions about trickle‑down economics.
Themes
economics
inequality
policy
development
Mood
critical
analytical
Type
argument
observation
When to use this quote
- policy analysis
- rural development
- economic planning
Key Concepts
Trickle‑down theory
rural poverty
market dynamics
Questions to Reflect On
- What policies truly aid rural economies?
- How can growth be made inclusive?
A Different Perspective
Complex market forces can impede trickle‑down.
