Joseph Stiglitz made the comment during a webinar hosted by FICCI, where he criticized Indian PM Narendra Modi.
Joseph Stiglitz made the comment during a webinar hosted by FICCI, where he criticized Indian PM Narendra Modi. On Oct 5. 2020, the Federation of Indian Chambers of Commerce & Industry(FICCI) organized a webinar with Joseph Stilglitz on Global Economic Outlook. While speaking at a web conference, th economist suggested that Prime Minister Narendra Modi and his party must get rid of the politics of division as the source of the economic prosperity of the last 250 years is one of tolerance. Joseph made a strong case for spending money to combat the long-term economic damage of the pandemic, saying that India would be well advised to focus on containing the contagion as the economic aftermath cannot be tackled without tackling the pandemic.
Further, he said that the "politics of division is an antithesis of what needs to be done. Modi has tried to divide your country, Moslems against Hindus, and that is going to undermine your society and economy no matter what else happens". (Ref starting from 13 to 14 minutes)
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