HOW THE CURRENT TRENDS OF INDIAN ECONOMY RELATE TO JOHN MAYNARD KEYNES'S DIAGNOSIS

N Gregory Mankiw, Professor, Economics, Harvard University had stated in New York Times in 2008 after the financial crisis of 2007-08 on how the challenges that the world was facing then can be explained by John Maynard Keynes's diagnosis of recessions and depressions. 

As per the Keynes, insufficient aggregate demand is the root cause of economic downtur....