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

AbhijitBanerjee, Nobel laureate and eminent economist, spoke on India’s economy thisyear 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’regoing to end the year at 10% short of what we were,” Banerjee said.

He addedthat one of the reason would be due to a massive demand shock, investment is veryslow.

Watch the full video for more.