Political economist Gautam Sen has warned against implementing a wealth tax in India, citing concerns that it could drive the country’s richest individuals to relocate their businesses to tax-friendly destinations such as Dubai. Sen suggests that such a tax could result in a substantial loss of wealth for India. He also questions the practicality of imposing such a tax in India, given the challenges in surveying all households and businesses. Additionally, Sen expresses concerns that such a tax could lead to social and political chaos and make India vulnerable to foreign intervention. Despite these concerns, Sen remains optimistic about India’s prospects, highlighting the country’s status as the fastest-growing major economy in the world and the government’s infrastructure investments.