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
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
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\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

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
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

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]
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        LATEST NEWS UPDATES | India Inc looks to govt for stimulus, but fiscal space limited as revenue falters -Aanchal Magazine, Pranav Mukul &amp; Anil Sasi    </title>
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-The Indian Express

The emerging consensus within India Inc. on the need for a government-led stimulus notwithstanding, the Centre has limited fiscal space given the lower tax collections. The Budget was a missed opportunity in terms of signalling reforms 

New Delhi:..."/>
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The emerging consensus within India Inc. on the need for a government-led stimulus notwithstanding, the Centre has limited fiscal space given the lower tax collections. The Budget was a missed opportunity in terms of signalling reforms 

New Delhi:..." />
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                            <div align="justify">-The Indian Express<br /><br /><em>The emerging consensus within India Inc. on the need for a government-led stimulus notwithstanding, the Centre has limited fiscal space given the lower tax collections. The Budget was a missed opportunity in terms of signalling reforms <br /><br />New Delhi: </em>India Inc&rsquo;s clamour for a stimulus to restart the investment cycle points to a near unanimous view within the industry &mdash; that government has to do the heavy lifting first before it can expect the private sector to restart investments. But for the Centre to spend its way out of the downturn, 2019-20 is a particularly bad year given the already stretched fiscal situation and revenue numbers that seem to be faltering early into the year.<br /><br />At least five of the top industry leaders who participated in a meeting called by Finance Minister Nirmala Sitharaman on August 8 on reviving growth pitched for a &ldquo;stimulus package&rdquo; of varying proportions, besides flagging specific problems relating to NBFC lending and sectors such as steel and automobiles.<br /><br />At the meeting, the clamour for a &ldquo;Rs 1 lakh crore stimulus&rdquo; was led by Assocham president B K Goenka, supported by CII representatives and other members of the delegation, even as JSW Group chairman Sajjan Jindal said that it was conveyed that the government was going to take action &ldquo;very soon&rdquo;.<br /><br />The emerging consensus about the requirement of government stimulus to boost growth, however, will face the hurdle of slowing revenue collections and the limited fiscal space for the government to deviate from its fiscal consolidation roadmap.<br /><br />Please <a href="https://indianexpress.com/article/business/economy/india-inc-looks-to-govt-for-stimulus-but-fiscal-space-limited-as-revenue-falters-5928682/" title="https://indianexpress.com/article/business/economy/india-inc-looks-to-govt-for-stimulus-but-fiscal-space-limited-as-revenue-falters-5928682/">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-The Indian Express<br /><br /><em>The emerging consensus within India Inc. on the need for a government-led stimulus notwithstanding, the Centre has limited fiscal space given the lower tax collections. The Budget was a missed opportunity in terms of signalling reforms <br /><br />New Delhi: </em>India Inc&rsquo;s clamour for a stimulus to restart the investment cycle points to a near unanimous view within the industry &mdash; that government has to do the heavy lifting first before it can expect the private sector to restart investments. But for the Centre to spend its way out of the downturn, 2019-20 is a particularly bad year given the already stretched fiscal situation and revenue numbers that seem to be faltering early into the year.<br /><br />At least five of the top industry leaders who participated in a meeting called by Finance Minister Nirmala Sitharaman on August 8 on reviving growth pitched for a &ldquo;stimulus package&rdquo; of varying proportions, besides flagging specific problems relating to NBFC lending and sectors such as steel and automobiles.<br /><br />At the meeting, the clamour for a &ldquo;Rs 1 lakh crore stimulus&rdquo; was led by Assocham president B K Goenka, supported by CII representatives and other members of the delegation, even as JSW Group chairman Sajjan Jindal said that it was conveyed that the government was going to take action &ldquo;very soon&rdquo;.<br /><br />The emerging consensus about the requirement of government stimulus to boost growth, however, will face the hurdle of slowing revenue collections and the limited fiscal space for the government to deviate from its fiscal consolidation roadmap.<br /><br />Please <a href="https://indianexpress.com/article/business/economy/india-inc-looks-to-govt-for-stimulus-but-fiscal-space-limited-as-revenue-falters-5928682/" title="https://indianexpress.com/article/business/economy/india-inc-looks-to-govt-for-stimulus-but-fiscal-space-limited-as-revenue-falters-5928682/">click here</a> to read more. <br /></div>                                                           
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    <h1 class="cat-box-title">India Inc looks to govt for stimulus, but fiscal space limited as revenue falters -Aanchal Magazine, Pranav Mukul &amp; Anil Sasi</h1>
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                            <div align="justify">-The Indian Express<br /><br /><em>The emerging consensus within India Inc. on the need for a government-led stimulus notwithstanding, the Centre has limited fiscal space given the lower tax collections. The Budget was a missed opportunity in terms of signalling reforms <br /><br />New Delhi: </em>India Inc&rsquo;s clamour for a stimulus to restart the investment cycle points to a near unanimous view within the industry &mdash; that government has to do the heavy lifting first before it can expect the private sector to restart investments. But for the Centre to spend its way out of the downturn, 2019-20 is a particularly bad year given the already stretched fiscal situation and revenue numbers that seem to be faltering early into the year.<br /><br />At least five of the top industry leaders who participated in a meeting called by Finance Minister Nirmala Sitharaman on August 8 on reviving growth pitched for a &ldquo;stimulus package&rdquo; of varying proportions, besides flagging specific problems relating to NBFC lending and sectors such as steel and automobiles.<br /><br />At the meeting, the clamour for a &ldquo;Rs 1 lakh crore stimulus&rdquo; was led by Assocham president B K Goenka, supported by CII representatives and other members of the delegation, even as JSW Group chairman Sajjan Jindal said that it was conveyed that the government was going to take action &ldquo;very soon&rdquo;.<br /><br />The emerging consensus about the requirement of government stimulus to boost growth, however, will face the hurdle of slowing revenue collections and the limited fiscal space for the government to deviate from its fiscal consolidation roadmap.<br /><br />Please <a href="https://indianexpress.com/article/business/economy/india-inc-looks-to-govt-for-stimulus-but-fiscal-space-limited-as-revenue-falters-5928682/" title="https://indianexpress.com/article/business/economy/india-inc-looks-to-govt-for-stimulus-but-fiscal-space-limited-as-revenue-falters-5928682/">click here</a> to read more. <br /></div>                                                           
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India Inc looks to govt for stimulus, but fiscal space limited as revenue falters -Aanchal Magazine, Pranav Mukul & Anil Sasi

Published on Aug 23, 2019   Modified on Aug 23, 2019

-The Indian Express The emerging consensus within India Inc. on the need for a government-led stimulus notwithstanding, the Centre has limited fiscal space given the lower tax collections. The Budget was a missed opportunity in terms of signalling reforms New Delhi: India Inc’s clamour for a stimulus to restart the investment cycle points to a near unanimous view within the industry — that government has to do the heavy lifting first before it can expect the private sector to restart investments. But for the Centre to spend its way out of the downturn, 2019-20 is a particularly bad year given the already stretched fiscal situation and revenue numbers that seem to be faltering early into the year. At least five of the top industry leaders who participated in a meeting called by Finance Minister Nirmala Sitharaman on August 8 on reviving growth pitched for a “stimulus package” of varying proportions, besides flagging specific problems relating to NBFC lending and sectors such as steel and automobiles. At the meeting, the clamour for a “Rs 1 lakh crore stimulus” was led by Assocham president B K Goenka, supported by CII representatives and other members of the delegation, even as JSW Group chairman Sajjan Jindal said that it was conveyed that the government was going to take action “very soon”. The emerging consensus about the requirement of government stimulus to boost growth, however, will face the hurdle of slowing revenue collections and the limited fiscal space for the government to deviate from its fiscal consolidation roadmap. Please click here to read more.

The Indian Express, 23 August, 2019, https://indianexpress.com/article/business/economy/india-inc-looks-to-govt-for-stimulus-but-fiscal-space-limited-as-revenue-falters-5928682/

Tagged with: Stimulus Package Economic Recession Economic Slowdown Economic Downturn

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