Can Cash-Strapped Government Bail Out Economy?

PUBLISHED ON: June 9, 2021 | Duration: 2 min, 36 sec

  
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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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