The government has no idea how to reverse slowdown: Economist Prabhat Patnaik
By Vikas Pathak • 04/09/2019 at 12:16PM
Economist Prabhat Patnaik points out that the amount of money the government got from the RBI is just equal to the shortfall in resources
Speaking to Asiville about the economic slowdown, Prabhat Patnaik says that cutting interest rates will not help when demand is shrinking. He adds that what is required is a fiscal stimulus.