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High convictionMay 28, 2026·outlook

The Miscalculated Cost of Citizen Sacrifice

We often measure the strength of an economy by the sacrifices its citizens can endure. But the data reveals a different truth: true national resilience is built not on public hardship, but on the strength of public institutions.

The Brief

We often measure the strength of an economy by the sacrifices its citizens can endure. But the data reveals a different truth: true national resilience is built not on public hardship, but on the strength of public institutions.

The Analysis

A quiet but significant shift is occurring in the architecture of Indian national economy. While public discourse often gravitates towards top-line growth figures, a more granular analysis of public expenditure reveals a foundational change in how economic burdens are distributed. Recent data indicates that as government spending on healthcare has increased, the direct financial load on citizens has commensurately

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