Oil Price Cushioned Economy For 3-4 Years: Arvind Subramanian

PUBLISHED ON: December 25, 2019 | Duration: 4 min, 55 sec

  
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Former Chief Economic Adviser Arvind Subramanian spoke to NDTV's Dr Prannoy Roy about the structural factors when exports and investments collapsed. Mr Subramanian said that oil price gave a boost to revenues and consumption. He further added that oil prices 'propped up, shored it up', and prevented the economy from becoming much worse than it otherwise would have been.
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