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<span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/>
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<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>
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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’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.</p><p style="text-align:justify">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.</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> </font>
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<strong>Need new stimulus of Rs.10 lakh crore: Economists Collective </strong></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’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.</p><p style="text-align:justify">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.</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> </font>
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Economists urge cash transfers to 80% of households to revive economy.
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<strong>Need new stimulus of Rs.10 lakh crore: Economists Collective </strong></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’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.</p><p style="text-align:justify">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.</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> </font>
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<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’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.</p>
<p style="text-align:justify">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.</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">click here</a> to read more.</p>
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<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>
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<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">click here</a> to read more.</p>
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Economists urge cash transfers to 80% of households to revive economy.
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latest-news-updates/group-of-economists-urge-economic-stimulus-of-rupees-ten-lakh-crore.html"/>
LATEST NEWS UPDATES | Need new stimulus of Rs.10 lakh crore: Economists Collective | Im4change.org
Need new stimulus of Rs.10 lakh crore: Economists Collective
-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.
