Mentor’s comment-
- https://indianexpress.com/
article/opinion/columns/india- economy-coronavirus-pandemic- brazil-welfare-government- spending-6598893/ - In the intro, mention the economic disruption caused by the pandemic.
- In the body, mention the need for action to prevent the unfolding economic crisis. Such actions could focus on either supply-side or the demand side. Next mention the importance of focus on the demand side, and the importance of income support schemes.
- Conclude by citing the governments’ efforts and need to do more.
Comments
One response to “Discuss the utility of income support schemes in averting the financial crisis in the wake of the pandemic. 10 marks”
cont——on items not covered by voucher,giving huge push to keynesian multiplier and reviving aggregate demand .govt should provide mgnrega like schemes in urbans too