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PM Modi cautions against “irresponsible”...

Stressing the need for financial discipline,...

PM Modi cautions against “irresponsible” financial policies

Stressing the need for financial discipline, Prime Minister Narendra Modi has reiterated that "irresponsible" financial policies and populist measures may give political results in the short term but will extract a "great social and economic price" in the long term.Modi made these remarks in an interview to PTI late last week while answering a question about the global debt crisis -- which, he noted, is “a matter of great concern for the world, especially (for) developing countries”.Also Read: After solar alliance, India makes case for biofuels grouping to...

PM Modi cautions...

Stressing the need for financial discipline, Prime Minister Narendra Modi has reiterated that "irresponsible" financial policies and populist measures may give political results...