Indian Elections Quotes & Sayings
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Top Indian Elections Quotes
Some of the immediate causes of Jack Abramoff's troubles were some Indian elections that went bad for him. — Joshua Micah Marshall
For example, Shawn Cole, a professor at Harvard Business School, finds that Indian state-owned banks increase their lending to the politically important but relatively poor constituency of farmers by about 5 to 10 percentage points in election years.51 The effect is most pronounced in districts with close elections. The consequences of the lending are greater loan defaults and no measurable increase in agricultural output, which suggest that it really serves as a costly form of income redistribution. — Raghuram G. Rajan