IMF Chief Economist Gita Gopinath’s ideas on Indian economy, targeted spending & the myth of helicopter money--CTC EP 459

With the Indian economy slipping into a deep crisis, economists are calling for greater government spending. In episode 459 of #CutTheClutter, Shekhar Gupta, drawing from his #ThePrintOTC exchange with IMF Chief Economist Gita Gopinath explains how targeted measures by the government can revive the Indian economy and how they can be funded by printing money, provided it's done with caution, as advised by economist Ila Patnaik in her column #Ilanomics