Thursday, 20 January, 2022
TopicFiscal stimulus

Topic: fiscal stimulus

Modi govt’s pandemic strategy focused on revival has worked. Economic indicators prove it

Modi government’s policy response to Covid — focusing on directed credit to the distressed — was prudent, even if unpopular.

Why Article 282 needs a rethink as Centre and states battle for money

The use of Article 282 to implement centrally sponsored schemes remains a source of tension. Public health can be a starting point to take a hard look at intergovernmental transfers.

Room for more fiscal support for India’s vulnerable households & SMEs in near term: IMF

A complete, successful implementation of the existing support measures is of paramount importance, said Vitor Gaspar, Director of IMF's Fiscal Affairs Department.

C. Raja Mohan on probe into Covid origin, more tapasya & tyag for labour, says Mahesh Vyas

Today's political, economic & strategic punditry from Arundhati Katju, Mahesh Vyas, Sanjay Hegde & more.

‘Countless’ & ‘homebound’ migrants’ crisis in Mint & Express, Telegraph’s Mahabharat analogy

A round-up of the most important reports in major newspapers around the country – from TOI and HT, Express and The Hindu to The Telegraph, Mumbai Mirror and The Tribune, as well as top financial dailies.

Revised MSME definition is a long-awaited reform but not enough to address bloating sector

Complex labour laws & regulations were responsible for the creation of dwarf entities in India. MSMEs will need many reforms to scale up and be competitive.

Govt revenues could fall short by Rs 4 lakh crore, little space for stimulus: India Ratings

Revenue shortfall will be equivalent to the additional government borrowings, the agency estimates, expecting a contraction in both tax and non-tax revenue.

Modi’s stimulus speech adds to a sense of uncertainty. And that kills investment

Modi govt’s aim at this stage of Covid crisis should be to maintain India’s capability to rebound when the more stringent aspects of the lockdown have passed.

Modi govt just needs to fire more fiscal bullets, it can take aim later

The spending isn’t enough. But even if fired first and aimed later, the fiscal bullets might still influence the depth and duration of the recession.

Haseeb Drabu sees no bailout, Bibek Debroy on Crusoe economy, Shankar Acharya says open up

Today’s political, economic & strategic punditry from Sanjaya Baru, Harsh Mander, Jayati Ghosh, Prabhat Patnaik, Bibek Debroy and more.

On Camera

YourTurn

How England’s dying industrial towns became the West’s largest jihad factory

Malik Faisal Akram had no known affiliation with jihadist groups. Ideas that led him to take hostages in a Texas synagogue seeped into his mind almost by osmosis.

NTPC looks to coal imports to avoid new power crunch

India’s largest electricity producer is aiming to secure cargoes starting from April, when power consumption in India typically surges on summer cooling demand.

Defence

File photo of IAF drone seen flying in Leh on 18 Nov 2020 | ANI

Indian firm gets foothold in prized global ‘kamikaze’ and armed drones market

Global demand for loitering munition & armed drones saw a jump after Azerbaijan was able to defeat superior Armenian armed forces in 2020 with the help of these systems.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.
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