There never was an "incentive structure" except after Pulwama when there were the national elections 2 months later, the adrenaline from needing to come back to power flushed out the nasha of "economy ka kya hoga if we go to war!" from Gandalf's system.
What you have quoted is a generic
>"investor pigeons fly away with war!"
>"muh ekanami"
>"muh gdpee"
argument, it is ever-green, timeless and can be applied to justify inaction and cowardice for any mass-casualty terror attack by any govt like 26/11 Cong, Pathankot or Pulwama.
Only this is spiced up with from ((( Cheen ki Saazish ))) flavoring, but it's the same still.
Argument is usually made by an ((( entrepreneur ))) doing dalali of Bhajipao like Balaji from Quora ( who's Anal-ysis that this is Cheen Ki Saazish was also posted here ) or like the ((( investor ))) you have quoted, all these ((( finance ))) types have a conflict of interest in promoting ((( we must exercise restraint ))) to preserve their dhandho and stonks.
We can have multiple terror attacks with even worse casualties in the future, but this accursed >muh ekanami argument will always be used, even if we reach the fabled 10 trillion dollar GDPee that all IT Celliyas swear that we will be a Supa Powa after.
Even with a $4tn GDP today defense spending is in the gutter, aside from that, Rayban gang is incompetent even without gold-plated French imports that they are demanding from 15 years and the OROPs still equip the boys with WW2 gear, so you can extrapolate.