Freebies work in the short term & aren’t really free
There is no such thing as a freebie in economics because ultimately somebody has to bear the cost of the supposedly free giveaways
CAG’s financial audit for 2013-18 concluded that Delhi has no debt sustainability issues as its GSDP grew faster than its public debt
The Aam Aadmi Party’s win in the Delhi elections has inspired others to replicate its strategy. The West Bengal government’s last full budget before state polls proposed free electricity for quarterly consumption of up to 75 units. Mint explains the economics of freebies.