The economic crisis brought by the corona crisis is not like the ones we faced before. This crisis is about an economic shock turning into the financial crisis. So, what should be fiscal and monetary policy interventions to tackle the crisis? 10 marks

Mentor’s comment- https://indianexpress.com/article/opinion/columns/coronavirus-india-economic-crisis-6472983/ In the intro, you can briefly explain why this crisis is different from the other crisis. In the body, you can divide the policy measures into fiscal and monetary. In the fiscal policy measures income support, increased government spending, tax cuts, providing the guarantee of loans etc can be suggested. In the … Continue reading The economic crisis brought by the corona crisis is not like the ones we faced before. This crisis is about an economic shock turning into the financial crisis. So, what should be fiscal and monetary policy interventions to tackle the crisis? 10 marks