Pragyan Talks 1.0 | Episode 2 | Indian Economy: Looking Inwards | Duvvuri Subbarao: Ex RBI Governor
It’s no surprise that the pandemic has tossed the world economy into uncharted waters. Lives and livelihood have been jeopardized by this unforeseen enemy in the past few months. As the world is scrambling to find a cure, the economy is being transformed irrevocably.
Join us at the second guest-lecture of the quarantine-focussed Pragyan Talks delivered by Dr. Duvvuri Subbarao, the ex-RBI Governor and the former Finance Secretary to the Government of India, where he gives his insights on the revival of the economy.
00:16- Introduction
00:54 - How grace is the crisis for our economy?
04:16- What is the effectiveness of the 20L crore stimulus announced a couple of months ago?
08:59- What reforms are needed to realise a self-reliant India?
12:17 - What is the role of the Central Institution, like RBI, in mitigating the economic after effects of COVID-19?
15:04 - How can we provide basic economic and social security to migrant labourers and daily wage workers?
18:42 - What will be the effect of a prolonged recession on consumer confidence?
22:01 - What are the big public policy lessons from this crisis?
25:46- Concluding note