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Economics Quote by Subhash Chandra

“Eventually, the economy will work well when you reduce subsidies. People have got used to getting some handouts from governments.” quote by Subhash Chandra
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“Eventually, the economy will work well when you reduce subsidies. People have got used to getting some handouts from governments.”

Subhash Chandra

About This Quote

Source Speech: Economic Forum, Subhash Chandra, 2018

Reducing subsidies will improve economic performance as people rely less on government aid.

In simple terms: Cut subsidies to boost economy.

Key Takeaway

Promote self-reliance over handouts.

Themes

economics policy self-reliance

Mood

concerned analytical

Type

policy critical

When to use this quote

  • government budgeting
  • business strategy
  • public debate

Key Concepts

subsidy reform market efficiency social welfare

Questions to Reflect On

  • How to protect those dependent on aid?
  • What alternatives to subsidies exist?
A Different Perspective

May increase inequality for vulnerable groups.

2.4 out of 5 (7 ratings)

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