“Spending is the easiest way to revive economy”: Nobel laureate Abhijit Banerjee tells Rahul Gandhi | Top Points

New Delhi: Congress leader Rahul Gandhi held a conversation with Nobel Laureate, Abhijit Banerjee on the economic fall out of the COVID-19 crisis, on Tuesday as part of his series of discussion with experts.

Nobel laureate Abhijit Banerjee said that India needs a stimulus package; we have not dedicated on large enough financial package yet.

#LIVE: A conversation with Nobel Laureate, Prof. Abhijit Banerjee on COVID & its economic impact https://t.co/oexV7ulwgL

— Newsroom Post (@NewsroomPostCom) May 5, 2020

TOP POINTS

# There’re 2 concerns,one is how to avoid chain of bankruptcies,may be writing off lot of debts…Second is demand shortfall,&getting some cash into hands of people is the best way to kick start the economy: Nobel Laureate Prof. Abhijit Banerjee during interaction with Rahul Gandhi

# India needs a stimulus package; we have not dedicated on large enough financial package yet: Nobel laureate Abhijit Banerjee to Rahul Gandhi.

# We should give temporary ration cards to everybody”: Nobel laureate Abhijit Banerjee speaks to Rahul Gandhi on coronavirus crisis

# “Spending is the easiest way to revive economy”: Nobel laureate Abhijit Banerjee tells Rahul Gandhi

# We need a stimulus package”: Nobel laureate Abhijit Banerjee to Rahul Gandhi on #coronavirus crisis

# “The real problem in the very short run is that good policies put in place by the UPA are inadequate and the government, in a sense, absolutely embraced them”: Nobel laureate Abhijit Banerjee to Rahul Gandhi