He said putting more money into the people’s hands is the only way out of the crisis but the government is not listening instead it is saying: “Produce more stuff”.
“What we believe is the way to start the economy is by starting consumption. By giving people money, they start to consume things and buy things,” he said in response to a query on the rising prices of fuel despite a fall in the crude oil prices in the international market.
“…due to demonetisation, due to GST, the economy was severely damaged. It was already weak. After that, when the COVID-19 pandemic came in, the economy totally collapsed,” he said.
