Rebuild India’s confidence, revive the economy

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The article talks about the current economic crisis induced by the COVID-19 outbreak, resulting in a contracting economy. At times when the crisis is huge, MGNREGA had been a bedrock of support but with the current situation and the inflow of non-agricultural labour in agriculture, MGNREGA won’t be enough. The article sets out some advice like the cash transfer to the poor, allowing banking institutions to work freely and professionally, and restoring the faith of the investors and corporates, etc.. to the government which the government can follow to stabilise the economy.

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