Page 6 - Fiscal Stimulus

FM gives reforms pill for ailing economy with privatisation, policy tweaks

In the latest announcement, the government's focus was on structural reform in sectors such as coal, minerals, aviation, defence, aerospace, power, and social infrastructure

Fiscal stimulus by FM is mostly credit oriented, says Subhash Chandra Garg

He said that the fiscal stimulus, by its very nature, is additional fiscal burden on the public finances

Expect a stimulus, even at the cost of high fiscal deficit: Venu Srinivasan

The government has given loans and ensured that companies, SMEs in particular, dont sink due to the crisis

Covid-19 big picture: Brace for a disaster much bigger than you expected

If the business of doubling rate continues as it is currently, be prepared for bad news not just from the perspective of the coming medical challenge but also for the economy, cautions T N Ninan

'Very limited' fiscal space may leave govt with Rs 20,000 cr for stimulus

Households contributes maximum to the gross value addition (44.3% during FY12-FY19), savings (61.1%) and fixed capital (39.2%) in the economy

Stimulus will keep NBFCs and MFIs afloat, but won't be able to revive them

It is important to wait for the entire package to come to see if the measures will improve demand in the economy in any manner

Fiscal stimulus package fails to provide succour to the poorest: Opposition

Senior Congress leader P Chidambaram said the need of the hour was to put money into the pockets of the people, particularly the poorest 130 million people

Bigger reforms coming, we'll see a V-shaped recovery: CEA Subramanian

Addressing a virtual conference organized by All India Management Association (AIMA), the CEA said the economy will witness a V-shaped recovery

Without more stimulus, India's GDP may contract 9% in FY21: Pronab Sen

Sen said that on the face of it, the package looked good, with roughly the kind of damage that has happened to the economy

Top headlines: TDS rate cut by 25%, ITR filing extended till Nov 30

Business Standard bring to you a snapshot of events which made the news today

Economy in 'very bad' state, expect financial package in 2-3 days: Gadkari

The minister for MSME, and Road Transport and Highways said the government stands with the industry but it also needs to understand the government's limitations

Large stimulus may attract sovereign rating downgrade, say experts

Debt of Centre and states combined is over 70% of GDP already; country is currently just a notch above junk

No sign of bailout from govt yet, GoAir promoters tell employees

The low-cost airline has sent 90% of its employees on leave without pay till 4 May

Lockdown 3.0: Industry bodies welcome relaxations, some confusion remains

Reiterate demand for a stimulus package

India to cap stimulus package at $60 bn to protect credit rating: Report

Fitch warned India's sovereign rating could come under pressure if its fiscal outlook deteriorates further

Govt's second stimulus likely this week, may keep industry waiting

Small businesses, farmers, women, poor, migrant workers to benefit from latest measures for political messaging.

Centre should use fiscal powers to ease state constraints: Yamini Aiyar

She says India needs to avoid another nationwide lockdown

Policy dilemma: Is the Covid-19 pandemic a demand or supply shock?

In the absence of clarity about the impact of this crisis on demand and supply, any measure undertaken presents the possibility of proving to be eminently wrong when clarity eventually emerges

Calibrated monetary, fiscal stimulus on anvil: Principal Economic Advisor

International passenger travel would remain shut for a long time, not for weeks but for months, he said citing examples of sectors which will continue to be non-functional

RBI moratorium: 10% provisioning may shave Rs 35,000 cr off bank profits

Banks will have to categorise the moratorium loans as special mention accounts (SMA) wherein loans are in the 0-90 days overdue buckets