Supply-side policies failed, switch to demand stimulation: Bengal FM writes to Sitharaman

Gross fixed capital formation, which was Rs 12.3 lakh crore in the first quarter of 2019-20, fell to Rs 10.2 lakh crore in the corresponding period of the current fiscal, - "a fall of an investment by Rs 2.1 lakh crore, despite your numerous packages and corporate tax cuts", Amit Mitra said in the four-page letter.

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