As
the pandemic unfolds, the Indian economy is falling
off a cliff. There is an immediate need for massive
public spending beyond conventional fiscal standards.
There is also a need for a global plan for significant
debt reduction, massive increase in global liquidity,
more aid and moratoriums to survive this crisis.
The audio of the lecture can be accessed
here.
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This
article was originally published at Student Struggle:
The Journal of Students’ Federation of India on 1
April, 2020.
