Hindustan Times Leadership Summit Highlights

59: #HTLS2020 | 'Need a demand bounce’: Abhijit Banerjee on Indian economy

Episode Summary

Abhijit Banerjee, Nobel laureate and eminent economist, spoke on India’s economy this year and the effect of the Covid-19 pandemic. Speaking on Day 7 of the HindustanTimes Leadership Summit 2020, Banerjee said the bounce has been slow. “We're going to end the year at 10% short of what we were,” Banerjee said. He added that one of the reason would be due to a massive demand shock, investment is very slow. Tune in for more.

Episode Notes

Abhijit Banerjee, Nobel laureate and eminent economist, spoke on India’s economy this year and the effect of the Covid-19 pandemic. Speaking on Day 7 of the HindustanTimes Leadership Summit 2020, Banerjee said the bounce has been slow. “We're going to end the year at 10% short of what we were,” Banerjee said. He added that one of the reason would be due to a massive demand shock, investment is very slow. Tune in for more.