India should take 'measured approach' with stimulus packages to deal with COVID-19: Arvind Panagariya

"Printing vast volumes of money may not lead to high inflation immediately because many items of expenditure are simply not available. But we shall not escape such fate once the situation normalises and trillions of rupees worth of extra money in the hands of public converts into effective demand," the former NITI Aayog Vice Chairman said.

from Economy-News-Economic Times https://ift.tt/3bmWaub
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