New #research!
In our latest policy document, @anupammanur, @psarthak19 and @AKanisetti suggest a pathway for an economic response to the pandemic. It's packed with big ideas, and proposes a plan to revitalise crucial sectors. bit.ly/COVECON (1/n)
In our latest policy document, @anupammanur, @psarthak19 and @AKanisetti suggest a pathway for an economic response to the pandemic. It's packed with big ideas, and proposes a plan to revitalise crucial sectors. bit.ly/COVECON (1/n)
We suggest that India’s economic response to the pandemic should consist of immediate disaster relief, a stimulus for economic revival, and a multi-year economic reconstruction programme. (2/n)
Sector-specific responses should be based on the extent of demand and supply shocks faced by the sector. Here are some examples. (3/n)
An economic stimulus should not only address supply shocks due to the disruption of supply chains and so on, but must also revive demand in the economy. Here's how some of our proposed measures would work. (4/n)
We propose a multi-step stimulus package that will help the economy transition through a crisis management phase, to a reopening phase, to a reconstruction phase. (5/n)
Here are some big ideas that India could consider - making government expenditure efficient through Multi-Contributor Social Security accounts, building 100 new cities, and capturing manufacturing opportunities as companies seek to relocate supply chains from China. (6/n)
For a detailed plan on how India can rejuvenate sectors of the economy, head over to bit.ly/COVECON to download our slidedoc! (n/n)
