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The Indian Economy on the Verge of Collapse *
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Sep 14th 2020, Prabhat Patnaik
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The
disaster staring the Indian economy consists not in
what we have just experienced, but in what lies ahead
and if this disaster is to be avoided, then there has
to be a massive injection of demand by the government
both through transfers and through direct spending on
goods and services.
*
This article was originally published in People's
Democracy on September
13, 2020.
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