What do you understand by Dutch disease in economics? Is it beneficial or harmful to the economy? Critically analyse in the context of contemporary Indian economy? (150 W/ 10 M)

Sources: https://www.thehindu.com/opinion/op-ed/what-is-dutch-disease-in-economics/article19883926.ece https://www.livemint.com/Opinion/pZzvKe7p1YaidTM2VIFnsI/Has-the-Indian-economy-caught-the-Dutch-disease.html   Model Answer: Dutch Disease refers to the phenomenon wherein countries that are rich in natural resources … Continue reading What do you understand by Dutch disease in economics? Is it beneficial or harmful to the economy? Critically analyse in the context of contemporary Indian economy? (150 W/ 10 M)