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Low govt spending the main impediment to real economic stimulus in India

Even with a 68% jump in long-term market loans, Centre hasn't been able to raise govt spending remarkably; quality of expenditure has suffered too, with capex 2% lower than last year

Topics
Coronavirus | Indian Economy | Economic stimulus

Abhishek Waghmare  |  Pune 



reforms, economy, growth,policy, manufacturing, budget, fiscal, stimulus, deficit
In the nine long months of the coronavirus pandemic to date, action has happened on both the fiscal and monetary fronts.

Investopedia, an online encyclopaedia of economics and finance, says this about stimulus, citing the work of the legendary economist John Maynard Keynes:

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First Published: Wed, December 09 2020. 15:31 IST

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