Can Cash-Strapped Government Bail Out Economy?

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  • Published On: June 09, 2021
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"Research suggests that, if you put cash in the hands of consumers when they are afraid, they are not going to spend, they are going to save; cash transfers work not so great during these times(lockdown)," says professor Apoorva Javadekar of ISB on why direct transfers of cash to people during the pandemic is not right.

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