[ad_1] NEW DELHI: With economic activities coming to a halt for several weeks due to the nationwide lockdown, there is a thought within the government to zero in on areas with Covid-19 cases for restrictions rather than putting a blanket ban on activities across a district or the largest part …
Read More »With a gradual opening, India tries to avoid a serious economic cost: Bibek Debroy
[ad_1] By Bibek Debroy We are not in an ideal world, worldwide and within India. Scylla’s health is obvious, with many heads and legs (as a metaphor for heterogeneous states) increasing the numbers of infection and death, although India’s death rates are still low. The increase in numbers is due …
Read More »The revival of the economy in Covid-19 fights for the main agenda of the PM meeting
[ad_1] Prime Minister Narendra Modi may meet with prime ministers on Tuesday, May 12 to discuss the next stage of the exit from the national closure imposed to combat the spread of the coronavirus disease (Covid-19), government officials familiar with the affair. . They added that the objective of the …
Read More »Blockade exit plan for May 17: government can prepare negative list of prohibited activities
[ad_1] India can draw up a negative list of activities that are prohibited to help free the country from the blockade. The strategy aims to open up more of the economy and avoid the kind of confusion that has allowed district administrations to be more restrictive than anticipated. The government …
Read More »Industry says Rs 15 rupee package required for economic revival
[ad_1] The Confederation of Indian Industry (IIC) said on Friday that the impact of a prolonged blockade on the economy is severe and demanded a stimulus package of Rs 15 lakh crore, substantially revising its previous estimates of Rs 4.5 lakh crore. IIC President Vikram Kirloskar said the negative impact …
Read More »Government signals fiscal slippage with strong increase in market loans for fiscal year 21
[ad_1] New Delhi: The Center on Friday increased its gross loan program for fiscal year 21 to ₹12 billion for fiscal year 21 of the budget ₹7.8 trillion, indicating a major slide in the fiscal deficit amid mounting pressure on the revenue and spending fronts due to the Covid-19 pandemic. …
Read More »Government chooses 8 sectors for reforms to bypass downgrade and attract companies leaving China
[ad_1] Several brokerage houses and forecasters have narrowed their outlook on India’s growth for the current fiscal year. Among world organizations, the International Monetary Fund (IMF) has the most optimistic projection. He sees India’s GDP for fiscal year 2011 growing at 1.9%, below the 5.8% projected in January. Barclays and …
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