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A Government Unequal to the Task*
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Sep 21st 2020, Prabhat Patnaik
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When
there is a lockdown, and output contracts, it is incumbent
on the government to increase or at least maintain its
expenditure to reduce the degree of contraction and
to enable the population to maintain their consumption
needs. However, by reducing the expenditure, the GoI
did the exact opposite of what it should have done.
*
This article was originally published in People's
Democracy on September
20, 2020.
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