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A normal monsoon and the consequently softer inflation in food prices could force RBI’s hand on both its policy stance as well as on the policy rate
Emerging economies are fighting COVID-19 and the economic sudden stop imposed by the containment and lockdown policies, in the same way as advanced ec
The most obvious solution is to ramp up China’s welfare state to support the workers who will be left out in the process. The rationale for this is
India is staring at its fourth recession since Independence, first since liberalisation was initiated, and in all likelihood — the worst till date.
FM Nirmala Sitharaman’s first tranche of announcements of the fiscal stimulus for economic recovery closely follows PM Modi's vision of making the economy self-reliant.
World over, uncontrolled fiscal stimulus had got a new legitimacy. And now everyone is standing on the edge of a fiscal cliff. The finance minister seems to have the full support of the UPA chairperson to cut wasteful spending this time around.
This paper examines the pre-pandemic slowdown, and subsequent contraction, in Indian economy. Utilising an analysis of broad macroeconomic and sectoral fundamentals, the paper argues that a notable lack of consumption and investment demand had already persisted before the pandemic; COVID-19 heightened those trends. Henceforth, India’s economic revival will be crucially dependent on demand generation by direct government fiscal intervention. The
Calls for fiscal stimulus and monetary overreach will not help deal with the pandemic's economic consequences
मान्सूनची सामान्य वाटचाल त्याचा परिणाम म्हणून अन्नधान्यांच्या किमतीमध्ये उतार चढाव पाहायला मिळत आहे. यामुळे RBI ला त्यांच्या धोरणात्मक भूमिकेच्या संदर्भामध्ये सरकार स�