Monday, April 27, 2020

Shaktikanta Das calls for fiscal support to economy

Prime Minister Narendra Modi’s virus containment measures — a 40-day mandatory stay-at-home for almost all of the nation’s 1.3 billion people — have crippled business activity and put a lid on consumption, the backbone of the economy. That is seen resulting in India posting its first full-year contraction in more than four decades.

from Economy-News-Economic Times https://ift.tt/3bGvvcd

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