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CEO of Kotak Mahindra bank says we have to 'Print Money' to save India's economy

Shortpedia

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The CEO of Kotak Mahindra Bank Ltd. Uday Kotak told NDTV that the government should provide cash transfers to some of the neediest parts of the population, and invest up to 1% of GDP in it. In the interview, he stated that it could strengthen demand at the bottom of the social pyramid and maybe help our economy recover from the stagnancy caused by the Lockdown. "If not now...When?" he further statesd in his interview with NDTV.