Global investors derate India as we avoid second generation reforms
With GDP growth seen shrinking, funds likely to chase stocks with high growth forecast
So, while we have achieved some success on the health front, are the steps taken to revive the economy adequate?
Our economy reflects a slide back to the Licence Raj. Realising our potential requires that we squash bureaucratic control
Govt seems to be preserving some firepower
Nirmala Sitharaman tells Indivjal Dhasmana & Nivedita Mookerji that the government has made sure that mistakes committed during 2008-2013 are not repeated while announcing the Rs 20-trillion package.
Growth holds the key to the government's fiscal deficit slippage
The need of the hour is a rehabilitation programme for those trapped in destitution or near-bankruptcy by the lockdown
During pandemic, Centre must not constrain states
If the revival package doesn't work, high stock market valuations cannot be sustained
The assurance given by the finance minister that benefits given to MSMEs will not be withdrawn if they grow in size may solve this problem to an extent
Nearly 300,000 people worldwide have died from complications from the virus, which has infected more than 4.3 million people
The second package focuses mostly on support to businesses, especially MSMEs
The need of the hour is proper design and implementation
In a crisis, it is imperative that a country borrows and spends more
Substantial shrinkage of GDP is now a certainty
In FY19, indirect taxes (net of subsidies) accounted for nearly 10 per cent of GDP up from 9.3 per cent a year ago and low of 6.1 per cent in FY10
It is important that the country now shift from a home ministry-driven administrative approach to an economic approach
Top executives at auto, tractor and consumer packaged goods firms are optimistic. They are betting on the reverse migration of labourers boosting consumption and prediction of a favourable monsoon.
It may be better for governments to bear the losses upfront than after the damage is done