Mentor’s comment-
- https://indianexpress.com/
article/opinion/columns/ government-cites-lack-of- fiscal-space-for-reluctance- to-provide-adequate-support- to-economy-this-is-odd- 7105005/ - In the intro, mention how the shock is different from the past economic shocks which originate in the financial sectors.
- In the body, discuss the reasons for the public spending such as a decline in the employment evident from the increased profits of listed companies while GDP has declined, enough foreign exchange with the RBI, declining government spending etc.
- Conclude by mentioning the need for increased government spending to contain the economic fallout of the pandemic.
Comments
5 responses to “The COVID pandemic is an instance of a financial crisis turning into an economic shock. Instead, it is an economic shock brought on by a weak public health system that can turn into a financial crisis. The damage has to be mitigated by public spending in the appropriate sector. Comment. 10 marks”
sir pls review
Hi Srishti
Good introduction but try to summarise it.
Adhere to word and space limit, try to complete your answer in maximum two pages.
Give some examples also . You can write that India should take cue from other developing countries like Thailand to work towards providing Universal Health Coverage.
Good content but need to substantiate it with current affairs.
Strucutre is good.
Underline keywords.
Keep working hard, you will improve.
thank you sir! sir there was one more doubt i used two flowcharts in this answer..because i found them relevant.. but sir i think i should use only one flowdiagram ..in an answer…
rest…i would keep ur suggestions in mind and try to improve myself in next answers..
thank u sir
Srishti there is no rule as such that you can use only one flowchart .
ok sir….thank you….i’ll write next answers after 3-4 days….after i’ll complete my optional…its just a 3 day work left more….
thanks sir for ur guidance…i’ll write again..just after 3-4 days….with improving upon the weaknesses