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Budget 2020 Ideas For Growth: Avoiding The Stagflation Trap
What the Indian government should do if a stagflationary situation does indeed arise in 2020. By Sabyasachi Kar.
16 Jan 2020, 11:27 AM IST
Budget 2020 is going to be presented at a time when the Indian economy is experiencing a sudden and sharp slowdown. Across the board, economists have advised the government to take strong and significant steps to correct the situation. While some have suggested supply-side reforms in labour and land markets to be reattempted, most have argued that the government needs to revive demand growth immediately.
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