Tax wealthy, not fuel and gold: Former UN Advisor, economist Santosh Mehrotra warns of Rupee slump, job lo
- Posted on May 16, 2026
- By Business News Today
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- 1 min read
Tax wealthy, not fuel and gold: Former UN Advisor, economist Santosh Mehrotra warns of Rupee slump, job lo
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.
