Need to protect vulnerable sections: Kaushik Basu ...Middle East

The Times of India - News
Need to protect vulnerable sections: Kaushik Basu
Former World Bank economist Kaushik Basu said that the financial package announced by the prime minister is necessary but not sufficient given the dark clouds of recession and unemployment. Basu said that while government spending would create inflationary pressures within six months, there was a need to move ahead now to protect the vulnerable sections and take corrective measures later.

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