Stagflation

Prof RV emphasizes the need for priming the demand side, without which the economic engine of growth could sputter, and eventually, India could slip into stagflation (Stagnation + Inflation at the same time). With more and more joining the ranks of the unemployed, the Govt. has to take up huge infra projects or find some way to put money in the hands of its people so they can spend.

Prof RV emphasizes the need for priming the demand side, without which the economic engine of growth could sputter, and eventually, India could slip into stagflation (Stagnation + Inflation at the same time). With more and more joining the ranks of the unemployed, the Govt. has to take up huge infra projects or find some way to put money in the hands of its people so they can spend.

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