Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | Coronavirus relief package: Why banking on fiscally conservative policies is imprudent -Pranab Bardhan

Coronavirus relief package: Why banking on fiscally conservative policies is imprudent -Pranab Bardhan

Share this article Share this article
published Published on Jun 13, 2020   modified Modified on Jun 15, 2020

-Scroll.in

Fiscally austere policies will only serve to further escalate the revenue shortfall and debt problems.

Several economists and businessmen have expressed their disappointment with the contents of the financial package announced by the government to face the unprecedented economic crisis brought about by the Covid-19-induced lockdown, the suddenness and severity of which had itself surprised many epidemiologists.

The callousness toward the migrants and lack of immediate preparation to send them back – or at least feed and house them – before the lockdown have shocked many. The financial package includes many liquidity enhancement policies already announced by the Reserve Bank of India and new loan guarantees that are unlikely to be effective when demand deficiency discourages producers to take loans.

Please click here to read more.


Scroll.in, 13 June, 2020, https://scroll.in/article/964412/coronavirus-relief-package-why-banking-on-fiscally-conservative-policies-is-an-imprudent-move


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close