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1..How to receive Indian economy post lockdown???
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Answers
Answer:
Loosening of financial conditions, adjustments in government spending and better coordination with States can spur a growth cycle
India’s pre-emptive lockdowns have saved many lives and may have reduced long-run economic costs of the Covid-19 crisis. But it necessitates a large stimulus to compensate for the short-run economic losses of the lockdown and to revive growth. Apart from medical supplies, the first measures aimed at helping workers and firms survive the large negative supply and demand shock. A phased opening now allows supply to recover while keeping the virus in check.
As we think of a post-lockdown India, an interesting possibility manifests that can make a virtue out of a necessity.
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