-Livemint.com Slogans, vision statements and acronyms are unlikely to be of any help to those in distress As the details of the mega fiscal package of ₹20 trillion announced by the prime minister are slowly being revealed by the finance minister (FM), it is increasingly becoming clear that it has less to do with the immediate crisis of lives and livelihood and more to do with the long-term agenda of reforms and...
More »SEARCH RESULT
Total Matching Records found : 123
Slower growth and a tighter fiscal -C Rangarajan and DK Srivastava
-The Hindu India slid into the pandemic crisis in the backdrop of economic downslide; Fiscal Stimulus has to be structured The impact of COVID-19 will be debilitating for the global as well as the Indian economies. Various institutions have assessed India’s growth prospects for 2020-21 ranging from 0.8% (Fitch) to 4.0% (Asian Development Bank). This wide range indicates the extent of uncertainty and tentative nature of these forecasts. The International Monetary Fund...
More »Second stimulus: Govt plans targeting based on need, MSMEs to begin with -Aanchal Magazine & Sunny Verma
-The Indian Express PM wary of open-ended provisions: Fund for MSME with guarantee likely. AS the Covid pandemic and the prolonged lockdown batter all sectors of the economy, the government, sources said, is working on a rescue package that, for now, may address the needs of the micro, small and medium enterprise (MSME) segment rather than the larger corporate sector. More than six meetings have been held at the Prime Minister’s Office —...
More »India must rescue farmers from Covid-19 shock -Soumya Sarkar
-TheThirdPole.net India’s pandemic-forced lockdown has plunged agriculture into a crisis that needs immediate cash transfers to bail out smallholder farmers preparing for the summer cropping season India’s complete lockdown to contain the spread of the Covid-19 pandemic has upended the agrarian economy of the South Asian nation. It could have a serious impact on farm production in the main summer cropping season, work for which starts in May. Farmers in India are no...
More »Covid-19 pandemic could lead to 4 per cent loss of real GDP for India: CRISIL Research -Surabhi
-The Hindu Business Line Gross non-performing assets of banks could rise to 11 to 11.5 per cent this fiscal CRISIL Research has stated that the current coronavirus pandemic could lead to a four per cent permanent loss to real Indian gross domestic product (GDP) and said that more Fiscal Stimulus will be required. Most economies across the globe are unlikely to see normal conditions until 2022 due to the current coronavirus pandemic and...
More »
