Off The Cuff with Martin Wolf

Updated: 4 July, 2020 5:00 pm IST

Martin Wolf, Chief Economics Commentator at the Financial Times was the guest at ThePrint’s Off the Cuff. Wolf talked about how the Indian economy has been hard hit by the pandemic. The Indian government needs to spend more to revive demand and support businesses and not worry about the debt levels for now, he said. Wolf said he does not trust Indian economic data and that the country’s actual growth rates may be lower than official estimates for the last few years. He also talked about how substituting Chinese goods will be a costly proposition for countries.