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LATEST NEWS UPDATES | Dig holes and fill them up -Surajit Das

Dig holes and fill them up -Surajit Das

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published Published on Jan 30, 2020   modified Modified on Jan 30, 2020
-TelanganaToday.in

Follow the Keynesian policy and go for larger fiscal deficit that puts more purchasing power in people’s hands

Finance Minister Nirmala Sitharaman will present her second Budget on February 1 amid a slowdown in GDP growth and an increase in the rate of unemployment. Even supply-side economists are acknowledging that the current situation is because of the problem of aggregate demand. The demand-side economists, anyway, have been arguing for expansionary fiscal policy. In this context, if the government reduces expenditure to GDP ratio, it would be taking an absolutely wrong fiscal policy approach.

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TelanganaToday.in, 30 January, 2020, https://telanganatoday.com/dig-holes-and-fill-them-up?fbclid=IwAR1pquPNbZUM5Dd7Zg3tRwA_RPfwHheojALsxTCktjQU4421kt1NanZD_Ak


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