Economists have argued that in view of India’s weak state of demand and investment, the Government should spend its way out of trouble. Pump priming would lead to higher incomes for consumers and consequently greater spending, which in turn would boost production and ultimately investment.
Economists have argued that in view of India’s weak state of demand and investment, the Government should spend its way out of trouble. Pump priming would lead to higher incomes for consumers and consequently greater spending, which in turn would boost production and ultimately investment.