July 05, 2020

Fund brick and mortar to construct growth

In The New Indian Express, Shankkar Aiyar discusses the strategy for reviving the Indian economy. He suggests investments that will enable employment.


Excerpts below:

 

"The focus has been on the supply side and what is missing is a plan to revive employment and demand — beyond the measures to sustain sustenance of those on the periphery of penury.

 

Revival of the economy calls for policies and funding which enable employment — of skilled, semi-skilled and unskilled labour, those who are on the edge of poverty — to propel incomes and demand.The potential for growth is located at the intersection of the agrarian and industrial economy hosting the bulk of the workforce. Revival calls for funding brick and mortar activity, investment in construction and infrastructure sectors to rebuild the economy."

Read the full article here

Topic : State Capacity / In : OP-EDS
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