Knowledge Series

Video | Is India’s Economic Recovery Sustainable?

BL Internet Desk | Updated on November 10, 2020

The Centre must mount an aggressive programme of capital expenditure to the tune of about 2 per cent of GDP to pull the economy, which has been buffeted by the Covid-19 pandemic, out of the current morass, top economist and public policy thinker C. Rangarajan, said.

A well-integrated investment programme that focusses on ‘capital expenditure’ to give the desired “fiscal multiplier” will be the answer to the economy’s problem in a post Covid world, said Rangarajan, who is Chairman, Madras School of Economics, at the BusinessLine Knowledge Series webinar titled ‘Is India’s Economic Recovery Sustainable?’ on Monday.

Published on November 10, 2020

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