The Economic Times

Tax wealthy, not fuel and gold: Former UN Advisor, economist Santosh Mehrotra warns of Rupee slump, job losses

Former UN Advisor Santosh Mehrotra urged the government to tax the super-rich instead of relying on indirect taxes on fuel and gold, warning these are fueling inflation and job losses. He cautioned that escalating geopolitical tensions could push the Indian Rupee to 100 against the US dollar within a quarter, exacerbating economic stress.