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Public Work for Unemployed, Cash to Workers: Economist Arun Kumar's Tips to Tackle Post-covid Crisis
News 18In ancient India, kings would build palaces and forts during droughts to provide employment to their subjects at a time of crisis. Economist, Arun Kumar suggests that the COVID-19 induced economic crisis in India also demands such large-scale public works to provide employment to many who are struggling to make ends meet. In his latest book, titled Indian Economy’s Greatest Crisis, the author writes: “…Another way that the government can give incomes to the unemployed is to start public works during periods of crisis. There has been demand to start a scheme similar to MGNREGS in urban areas as well, since so many workers who lost employment are living with their families in the cities. ” Apart from investing in infrastructure building, in order to provide employment to those skilled and unskilled workers who are currently unemployed, Kumar also makes a case for cash transfer to those who do not have the means to support themselves at this time.
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