Greater public expenditure is required for relief, medical response, demand stimulus, health infrastructure Pulapre Balakrishnan Only the government can counteract slowing private investment. Its non-interventionist
Category: Economy
Facebook-Jio: A big deal to worry about | Deccan Herald
The deal between Facebook and Reliance Industries, by which the social media giant acquired a 9.99% stake in Jio Platforms, the holding company of Reliance Jio Infocomm and
India to suffer significant contraction, requires Rs 10 trillion stimulus: Former CEA Arvind Subramanian – The Financial Express
Speaking at the Indian Express e-Adda from the US, Subramanian said that distribution of food and cash are the two key tools India should be
Work From Home rules relaxation for IT-ITeS sector till July 31 – The Financial Express
The government has exempted the requirement of security deposit and agreement for WFH facility for OSPs. Also, the requirement of seeking prior permission for WFH
Saving the rural economy: The govt will have to deepen its procurement operation – The Financial Express
In the long term, the govt will have to deepen its procurement operations, expanding from the wheat-paddy complex. The total lockdown has further added to
7 crore traders exhort FM Sitharaman for Covid relief package; says domestic trade may collapse – The Financial Express
Ease of Doing Business for MSMEs: Traders’ body CAIT had recently announced a tie-up with the DPIIT to launch an e-commerce portal to facilitate the
It’s unfair to expect private businesses to foot the social security bill for lockdown – The Hindu BusinessLine
It is high time the Central and State governments stopped passing the buck and announced a concrete package for workers and businesses debilitated by the
All stakeholders must share blame for MCX crude futures crisis – The Hindu BusinessLine
SEBI, the intermediaries, trades and brokers should have been alert and made provisions for the negative oil prices The crisis in the settlement of April
Beating the pandemic of recession | Business Standard Column
Money should not be a consideration in protecting jobs, people and industry as the economy nosedives The Covid-19 pandemic is growing rapidly and multiplying human
Some sectors may take long to recover even post lockdown: Rating agencies – The Financial Express
Permanent demand loss is more likely in sectors such as retail trade, education, air, rail, road& water transport, logistics, real estate, entertainment, hotels & restaurants
India ties up with Brics partners to protect MSMEs – The Financial Express
A virtual meeting of Brics health officials is envisaged on Covid-19 pandemic on May 7, 2020 to take the discussion forward in a focused and
Covid crisis also an opportunity: Small isn’t beautiful for Indian workers. Grow the ‘Medium’ sector of MSMEs–Times of India
The good news in our fight against Covid-19 is that we are in a position to restore near normalcy to three-fourths of the districts. These
Shed Covid fear: Stigma around coronavirus is inflicting additional damage on society–Times of India
While the country battles Covid-19, another silent enemy is sneaking up on us. Reports from across states suggest that stigma and fear of Covid-19 is
Seize the moment: Use post-Covid reopening to put the Indian economy in a higher orbit–Times of India
During his video conference this week with chief ministers, Prime Minister Narendra Modi emphasised economic issues. While the sequencing of steps to restart the economy
Lower oil: Not unqualified gain–Economic Times
The precipitous fall in global oil prices would have a very favourable effect on India’s macroeconomic health. At the same time, it is likely to
An act of prudence, not loan forgiveness–Economic Times
A needless controversy has erupted over RBI revealing that banks have written off bad loans worth Rs 68,607 crore in its response to Right-to-Information (RTI)
States seek GST compensation beyond 2022 to tide over Covid-19 crisis – The Economic Times
State finance ministers, during a video conference on Monday, also discussed issues arising out of the lockdown, including the urgent requirement of some form of
Locked-out auto companies risk losing billions in exports – The Economic Times
The industry is urging the government to allow production across the entire supply chain at different hubs. Without this, the export orders can’t be honoured,
MSME sector: We’ll work out a formula to prop up MSME sector: Shivaram Hebbar, state labour minister – The Economic Times
The government is aware the MSME sector is in difficulty, and if the central and state governments don’t lend a helping hand, it is going
MSMEs: Trade unions fear job losses, sound out state government to save small firms – The Economic Times
There are about 600,000 garment workers in the city. Job losses or wage cuts will impact the economy as the working class is already anxious
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