Topic: Indian Economy
How India can buck the trend of global recession caused by coronavirus
Social distancing is our best bet against coronavirus, but will sharpen the impact on the world economy. India is better placed than many developing countries.
India needs package of Rs 5 lakh crore to save businesses from collapsing due to Covid-19
Govt’s fiscal package has so far targeted non-workers. Present situation calls for major fiscal support to be extended to affected businesses & workers.
Why Rs 1.7-lakh crore relief package may not mean an equivalent fiscal hit in 2020-21
Some of the expenditures announced by the Modi government have already been accounted for in the Union Budget presented in February.
Covid-19: Devi Shetty says MCI can give India 1 lakh doctors, Katju wants PM-Opposition unity
Today’s political, economic & strategic punditry from Devi Shetty, Arun Maira, Jean Dreze, Vivek Katju & many others.
Sitharaman promises economic package ‘soon’, but eases norms for businesses and taxpayers
Firms get relief on tax returns, company law compliance, and triggering of insolvency proceedings. Regulators are monitoring the markets and economy, assures the FM.
Economic costs for India may be huge if COVID-19 fallout lasts 6 months: Arvind Panagariya
In an interview to ThePrint, former Niti Aayog vice-chairman Arvind Panagariya welcomes rupee depreciation as it will make Indian exports more competitive.
10 steps Modi govt should take to manage economic fall-out of coronavirus: SC Garg
It’s time to take steps to protect production & distribution systems, upgrade telecom & IT industry and prevent financial sector from falling apart.
Subramanian Swamy writes to PM Modi over COVID-19, says economic relief package crucial
In the letter, BJP Rajya Sabha MP Subramanian Swamy listed steps announced by countries such as the US, UK, South Korea, to help their economies hit by COVID-19.
India’s forex reserves plunge the most in 8 years as RBI defends the rupee
India’s forex reserves fell by $5.35 billion to $481.9 billion in the week ended 13 March, the most since November 2011 when the hoard dropped $5.7 billion.
C Raja Mohan for tech help on COVID-19, Ban Ki-Moon’s ‘deeply concerned’ about India
Today’s political, economic & strategic punditry from Sudipto Mundle, C. Raja Mohan , Ban Ki-Moon, Ameen Jauhar & many others.
Animals have come home. Covid-19 lockdown gives control back into nature’s hands
With people in India and elsewhere locked down in homes due to the coronavirus, the peaceful reclamation of public spaces by animals is teaching us important lessons.
Modi’s 9-min candle plan Sunday: Needless spectacle or much-needed motivation for Indians?
PM Modi requested Indians to light candles, lamps or mobile torches at 9 pm Sunday for nine minutes in a show of solidarity in the fight against Covid-19.
Defence
In a first, Army deploys medical team at civil coronavirus quarantine camp in Delhi
The Indian Army has so far only been operating out of quarantine camps set up by the armed service for coronavirus patients.
Poke fun at taali, thaali, diya and mombatti all you want. Modi couldn’t care less
Modi knows who he needs to speak to, who he should toss, who he can address in kind. People accuse him of infantilising his voters, but it’s a winning strategy.