India, Sept. 24 -- The economy can be revived only by boosting consumer sentiments, which are weak and need measures like discount vouchers from the government to spur the pending, FICCI President and Apollo Hospitals Joint Managing Director Sangita Reddy said on Wednesday.
The government needs to literally pump up the economy with some more spending at a time when around 20 million jobs have been lost and there is a fear of "uncertainty" amid the coronavirus pandemic, Reddy said.
He was speaking at a panel discussion on "Outmanoeuvring Uncertainty" at the Global Business Summit here.
"What we need to do significantly is to ramp up demand stimulus. Factories are saying we have gone up to 60-70 per cent production, credit lines a...