The draconian lockdown imposed in India to contain the COVID-19 pandemic has left millions without work and without any purchasing power.
It will have to be "an act by the Government" of injecting demand into the economy that has taken an unprecedented hit, says eminent economist Prabhat Patnaik in this conversation with NewsClick's Prabir Purkayastha, while talking about the unfolding economic slump in the country. The draconian lockdown imposed in India to contain the COVID-19 pandemic has left millions without work and without any purchasing power.