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War Will Cost the People: Economists Slam Modi’s Military Focus

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  • Update Time : 05:34:10 am, Wednesday, 7 May 2025
  • / 634 Time View

With India ramping up military preparations amid border tensions with Pakistan, economists are warning of severe financial consequences.

 

Abhijit Sarkar, a senior economist, noted, “War brings inflation, currency depreciation, and rising unemployment. During the Kargil conflict in 1999, the Indian economy took a hit—today the situation is even more fragile.”

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War Will Cost the People: Economists Slam Modi’s Military Focus

Update Time : 05:34:10 am, Wednesday, 7 May 2025

With India ramping up military preparations amid border tensions with Pakistan, economists are warning of severe financial consequences.

 

Abhijit Sarkar, a senior economist, noted, “War brings inflation, currency depreciation, and rising unemployment. During the Kargil conflict in 1999, the Indian economy took a hit—today the situation is even more fragile.”