NDA and UPA Economic Policies: Growth vs Stability Tradeoff, Major Issues Remain Unresolved

NDA and UPA fiscal policies had mixed results - UPA had higher GDP growth but also higher inflation, while NDA growth slowed but inflation fell initially

NDA increased income taxes but cut corporate taxes, leading to higher inequality and inadequate revenues

Major economic issues like food inflation, agricultural productivity remain unresolved under NDA

Employment data shows rising unemployment initially under NDA with more informalization, falling real wages

Bank NPA clean up under NDA involved large write-offs and recapitalization bonds impacting public finances