Category: RBI–Banks

The need of the hour is a rehabilitation programme for those trapped in destitution or near-bankruptcy by the lockdown The current Covid epidemic has been

The bulk of Ms Sitharaman’s proposals addressed supply problems, with only occasional and cursory references to demand, mostly as an afterthought Finance Minister Nirmala Sitharaman strove hard

Gadkari on Monday said the recent steps announced by the government to boost liquidity and credit flows would also bolster “the purchasing power of the

While the provision of credit might suffice to help larger industry tide over the grim period of zero revenue during the lockdown, micro, small and

Micro, small and medium enterprises (MSMEs) expected a direct relief from the government in terms of waiving of electricity bills, payment of salaries, among others

Summary Small entrepenuers who had earlier opted for a moratorium on repayments are now paying a portion of their dues as the cash flow begins to

A breakdown of the plan shows that the actual spending of the government is only about a tenth of the package. A breakdown of the

Additional government spending is negligible. Demand will remain low. The crisis will persist Pulapre Balakrishnan Union minister of finance Nirmala Sitharaman in New Delhi, May,

The overall plan, in their view, was a general economic agenda and lacked substantive decisions to support consumption, promote manufacturing. Finance Minister Nirmala Sitharaman announcing

Senior Congress leader and former finance minister P Chidambaram said the stimulus package has left several sections like the poor, migrants, farmers, labourers, workers, small

The hype around the Rs 20,00,000 crore government stimulus seems to have fizzled out. “This is not a stimulus package. A stimulus package is something

‘We are facing an economic collapse and GDP is likely to fall 3% to 5%’ We should not be worried about ratings downgrade from global

New Delhi: Union Finance Minister Nirmala Sitharaman gestures during a press conference to announce the fifth and final tranche of economic stimulus package, at the

The government, which identified these industries and several others as having “unnecessary” imports, plans to improve the quality of domestically made products and discourage these

In her fifth and final tranche of the AtmaNirbhar package announced on Sunday, Finance Minister Nirmala Sitharaman allocated a chunk of the Centre’s fiscal relief

Seen against the scale of economic distress, and expectations raised by the prime minister’s announcement of a Rs 20 lakh crore package, the measures announced

The stimulus measures announced by the government in five tranches are a mix of immediate relief, regulatory changes and some structural change. These are welcome

Finance minister Nirmala Sitharaman yesterday wound up the five-part announcement of stimulus and reform measures following Prime Minister Narendra Modi’s announcement of a Rs 20

The fight against Covid19 should focus on reviving the economy and bringing growth back on track without causing extra pressure on the fiscal deficit, according