View: Covid-beaten India needs fiscal stimulus now — with its extent and form carefully worked out

The bigger part of the stimulus should be spent on infrastructure and, perhaps, on urban housing. Synopsis As long as Covid-19-induced regulation or personal hesitation prevented workers from coming to work, an expansion of demand would not have translated into additional output. By Arvind PanagariyaAs the economy recovers from the massive shocks that Covid-19 administered … Read more View: Covid-beaten India needs fiscal stimulus now — with its extent and form carefully worked out