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Can India spend its way out of its unemployment crisis?
The panel of experts debated in an hour-long session titled, ‘Pandemic, unemployment, inequality: The way forward’
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The covid-19 pandemic has exposed existing faultlines and inequities in the economy, but is the way out spending more on social security programmes or cutting back on the fiscal deficit? Would an urban employment guarantee scheme help job creation and spur short-term demand as well as long-term economic growth? These are the questions our panel of experts debated in an hour-long session titled, ‘Pandemic, unemployment, inequality: The way forward’ as part of Mint’s Road to Recovery series in the run-up to the Union Budget in February 2021.