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]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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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]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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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]
Code Context
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        LATEST NEWS UPDATES | Need new stimulus of Rs.10 lakh crore: Economists Collective     </title>
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Economists urge cash transfers to 80% of households to revive economy.

The Centre needs to announce a ₹10 lakh crore fiscal stimulus package providing universal food ration and cash transfers for 80% of households in order to revive the economy..."/>
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Economists urge cash transfers to 80% of households to revive economy.

The Centre needs to announce a ₹10 lakh crore fiscal stimulus package providing universal food ration and cash transfers for 80% of households in order to revive the economy..." />
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Economists urge cash transfers to 80% of households to revive economy.</em></p><p style="text-align:justify">The Centre needs to announce a 10 lakh crore fiscal stimulus package providing universal food ration and cash transfers for 80% of households in order to revive the economy at this time, the Heterodox Economists Collective has urged. Employment guarantees must be expanded for both rural and urban workers at a time of soaring joblessness, the group of economists added during a webinar on Wednesday.</p><p style="text-align:justify">Funding such a package would require suspension of fiscal deficit targets, which could impact the country&rsquo;s credit rating. &ldquo;It does not help if you have a wonderful credit rating if your economy is going down the drain,&rdquo; warned JNU professor and economist Jayati Ghosh. &ldquo;If fear of credit rating agencies are what drives the government&rsquo;s policies, they are doomed to failure,&rdquo; she added.</p><p style="text-align:justify">Presenting an analysis of the government&rsquo;s 20 lakh crore Atmanirbhar package on Wednesday, the Heterodox Economists Collective observed that the fiscal component amounted to only 3 lakh crore, which includes already announced budgetary measures. The measures announced for MSMEs would only benefit larger players within that segment, they said, adding that provisions for higher liquidity may not increase actual credit offtake. Minimum support prices for farmers had not kept pace with inflation, while real wages were being suppressed.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/need-new-stimulus-of-10-lakh-crore-economists-collective/article31742214.ece?fbclid=IwAR2-DP70ZHiha50-h1AXXaTDk0Uf64jCHoa6_A7zJ2gwdFfbZwkQU0uppak" title="https://www.thehindu.com/business/Economy/need-new-stimulus-of-10-lakh-crore-economists-collective/article31742214.ece?fbclid=IwAR2-DP70ZHiha50-h1AXXaTDk0Uf64jCHoa6_A7zJ2gwdFfbZwkQU0uppak">click here</a> to read more.</p>                                                           
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Economists urge cash transfers to 80% of households to revive economy.</em></p><p style="text-align:justify">The Centre needs to announce a 10 lakh crore fiscal stimulus package providing universal food ration and cash transfers for 80% of households in order to revive the economy at this time, the Heterodox Economists Collective has urged. Employment guarantees must be expanded for both rural and urban workers at a time of soaring joblessness, the group of economists added during a webinar on Wednesday.</p><p style="text-align:justify">Funding such a package would require suspension of fiscal deficit targets, which could impact the country&rsquo;s credit rating. &ldquo;It does not help if you have a wonderful credit rating if your economy is going down the drain,&rdquo; warned JNU professor and economist Jayati Ghosh. &ldquo;If fear of credit rating agencies are what drives the government&rsquo;s policies, they are doomed to failure,&rdquo; she added.</p><p style="text-align:justify">Presenting an analysis of the government&rsquo;s 20 lakh crore Atmanirbhar package on Wednesday, the Heterodox Economists Collective observed that the fiscal component amounted to only 3 lakh crore, which includes already announced budgetary measures. The measures announced for MSMEs would only benefit larger players within that segment, they said, adding that provisions for higher liquidity may not increase actual credit offtake. Minimum support prices for farmers had not kept pace with inflation, while real wages were being suppressed.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/need-new-stimulus-of-10-lakh-crore-economists-collective/article31742214.ece?fbclid=IwAR2-DP70ZHiha50-h1AXXaTDk0Uf64jCHoa6_A7zJ2gwdFfbZwkQU0uppak" title="https://www.thehindu.com/business/Economy/need-new-stimulus-of-10-lakh-crore-economists-collective/article31742214.ece?fbclid=IwAR2-DP70ZHiha50-h1AXXaTDk0Uf64jCHoa6_A7zJ2gwdFfbZwkQU0uppak">click here</a> to read more.</p>                                                           
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        LATEST NEWS UPDATES | Need new stimulus of Rs.10 lakh crore: Economists Collective     </title>
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Economists urge cash transfers to 80% of households to revive economy.

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     <meta property="og:description" content="-The Hindu

Economists urge cash transfers to 80% of households to revive economy.

The Centre needs to announce a ₹10 lakh crore fiscal stimulus package providing universal food ration and cash transfers for 80% of households in order to revive the economy..." />
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    <h1 class="cat-box-title">Need new stimulus of Rs.10 lakh crore: Economists Collective </h1>
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Economists urge cash transfers to 80% of households to revive economy.</em></p><p style="text-align:justify">The Centre needs to announce a 10 lakh crore fiscal stimulus package providing universal food ration and cash transfers for 80% of households in order to revive the economy at this time, the Heterodox Economists Collective has urged. Employment guarantees must be expanded for both rural and urban workers at a time of soaring joblessness, the group of economists added during a webinar on Wednesday.</p><p style="text-align:justify">Funding such a package would require suspension of fiscal deficit targets, which could impact the country&rsquo;s credit rating. &ldquo;It does not help if you have a wonderful credit rating if your economy is going down the drain,&rdquo; warned JNU professor and economist Jayati Ghosh. &ldquo;If fear of credit rating agencies are what drives the government&rsquo;s policies, they are doomed to failure,&rdquo; she added.</p><p style="text-align:justify">Presenting an analysis of the government&rsquo;s 20 lakh crore Atmanirbhar package on Wednesday, the Heterodox Economists Collective observed that the fiscal component amounted to only 3 lakh crore, which includes already announced budgetary measures. The measures announced for MSMEs would only benefit larger players within that segment, they said, adding that provisions for higher liquidity may not increase actual credit offtake. Minimum support prices for farmers had not kept pace with inflation, while real wages were being suppressed.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/need-new-stimulus-of-10-lakh-crore-economists-collective/article31742214.ece?fbclid=IwAR2-DP70ZHiha50-h1AXXaTDk0Uf64jCHoa6_A7zJ2gwdFfbZwkQU0uppak" title="https://www.thehindu.com/business/Economy/need-new-stimulus-of-10-lakh-crore-economists-collective/article31742214.ece?fbclid=IwAR2-DP70ZHiha50-h1AXXaTDk0Uf64jCHoa6_A7zJ2gwdFfbZwkQU0uppak">click here</a> to read more.</p>                                                           
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    <br><a href="https://www.thehindu.com/business/Economy/need-new-stimulus-of-10-lakh-crore-economists-collective/article31742214.ece?fbclid=IwAR2-DP70ZHiha50-h1AXXaTDk0Uf64jCHoa6_A7zJ2gwdFfbZwkQU0uppak" class="re" target="_blank">The Hindu, 3 June, 2020, https://www.thehindu.com/business/Economy/need-new-stimulus-of-10-lakh-crore-economists-collective/article31742214.ece?fbclid=IwAR2-DP70ZHiha50-h1AXXaTDk0Uf64jCHoa6_A7zJ2gwdFfbZwkQU0uppak</a><div class="clear"></div>
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Need new stimulus of Rs.10 lakh crore: Economists Collective

Published on Jun 3, 2020   Modified on Jun 4, 2020

-The Hindu Economists urge cash transfers to 80% of households to revive economy. The Centre needs to announce a 10 lakh crore fiscal stimulus package providing universal food ration and cash transfers for 80% of households in order to revive the economy at this time, the Heterodox Economists Collective has urged. Employment guarantees must be expanded for both rural and urban workers at a time of soaring joblessness, the group of economists added during a webinar on Wednesday. Funding such a package would require suspension of fiscal deficit targets, which could impact the country’s credit rating. “It does not help if you have a wonderful credit rating if your economy is going down the drain,” warned JNU professor and economist Jayati Ghosh. “If fear of credit rating agencies are what drives the government’s policies, they are doomed to failure,” she added. Presenting an analysis of the government’s 20 lakh crore Atmanirbhar package on Wednesday, the Heterodox Economists Collective observed that the fiscal component amounted to only 3 lakh crore, which includes already announced budgetary measures. The measures announced for MSMEs would only benefit larger players within that segment, they said, adding that provisions for higher liquidity may not increase actual credit offtake. Minimum support prices for farmers had not kept pace with inflation, while real wages were being suppressed. Please click here to read more.

The Hindu, 3 June, 2020, https://www.thehindu.com/business/Economy/need-new-stimulus-of-10-lakh-crore-economists-collective/article31742214.ece?fbclid=IwAR2-DP70ZHiha50-h1AXXaTDk0Uf64jCHoa6_A7zJ2gwdFfbZwkQU0uppak

Tagged with: Economic Stimulus Fsical Stimulus Effective Demand Purchasing Power MSMEs Micro Small and Medium Enterprises Ration Shops Cash Transfers Cash Transfer

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