Discuss the utility of income support schemes in averting the financial crisis in the wake of the pandemic. 10 marks

Mentor’s comment- https://indianexpress.com/article/opinion/columns/india-economy-coronavirus-pandemic-brazil-welfare-government-spending-6598893/ In the intro, mention the economic disruption caused by the pandemic. In the body, mention the need for action to prevent the unfolding economic crisis. Such actions could focus on either supply-side or the demand side. Next mention the importance of focus on the demand side, and the importance of income support … Continue reading Discuss the utility of income support schemes in averting the financial crisis in the wake of the pandemic. 10 marks