Tag: economic stimulus
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Fresh economic stimulus unlikely as Centre’s focus shifts to specific sectors
While the efforts continue to bring the business activities in the country back to life, the Union government is unlikely to roll out a traditional stimulus to support the post-pandemic economic recovery. Instead, the government appears to be focusing on specific sectors to provide production-linked incentives seeking to prioritise its budget expenditure. Pressure is building ... -
COVID-19 crisis: Indian govt. looks at economic stimulus 2.0 as Lockdown 5.0 is likely
The Government of India might unleash another package of stimulus if a report is to be believed. The story of stimulus comes ahead of a possible Lockdown 5.0 or complete withdrawal of the lockdown. According to the Hindustan Times, three officials familiar with such relief have shared that the package will include monetary, fiscal, and ... -
Bloomberg survey forecast: Indian economy will shrink by 0.4%
As per a recent survey, the economists predicted that coronavirus curtailment measures would reduce India’s economic growth by 0.4% for the fiscal year 2020-21. The forecast was released based on the survey conducted by the Bloomberg News. As part of the survey, in which views of 19 economist were recorded from May 6 to 11, ...