Abhijit Banerjee Speaks On Current State Of Indian Economy

The Logical Indian

October 18th, 2019

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“The Indian economy is going into a tailspin; it is the time when you don’t worry so much about monetary stability and you worry a little bit more about demand,” Banerjee said at a press conference at the Massachusetts Institute of Technology after winning Nobel Prize. He said the country’s economy is “doing very badly” even as the government has started to recognise that there’s a problem. “There is an enormous fight going on in India about which data is right and the government has a particular view…all data that is inconvenient to it is wrong,” Banerjee said.

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