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Topic: Indian Economy
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.
Govt’s fiscal package has so far targeted non-workers. Present situation calls for major fiscal support to be extended to affected businesses & workers.
Some of the expenditures announced by the Modi government have already been accounted for in the Union Budget presented in February.
Today’s political, economic & strategic punditry from Devi Shetty, Arun Maira, Jean Dreze, Vivek Katju & many others.
Firms get relief on tax returns, company law compliance, and triggering of insolvency proceedings. Regulators are monitoring the markets and economy, assures the FM.
In an interview to ThePrint, former Niti Aayog vice-chairman Arvind Panagariya welcomes rupee depreciation as it will make Indian exports more competitive.
It’s time to take steps to protect production & distribution systems, upgrade telecom & IT industry and prevent financial sector from falling apart.
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 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.
Today’s political, economic & strategic punditry from Sudipto Mundle, C. Raja Mohan , Ban Ki-Moon, Ameen Jauhar & many others.