World is facing enormous recession, India cannot escape it: Swaminathan Iyer by ET NOW

World is facing enormous recession, India cannot escape it: Swaminathan Iyer

Video description:
Swaminathan Aiyar, Consulting Editor of ET NOW raises red flag, says world economy is facing enormous recession and India cannot escape it. He also said that the demand was not going to come back due to the stimulus package as the government is not going in for larger, direct stimulus. Swaminathan Iyer is also of the opinion that Prime Minister Narendra Modi has taken a deliberate risk, expecting a bouncebank later. He says that FY21 will be the worst year in India;s economic hostry & that implementation of the various stimulus package is the key to revival of the economy. Listen in to an exerpt of this conversation Watch Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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