View: India needs to fire more bullets now, aim later

Modi’s coronavirus package adds up to 10% of India’s gross domestic product. Roughly half of it is already in the rear-view mirror, while victory over the pandemic and a full reopening of the economy remain elusive. Of the remaining amount, about $40 billion would be government-guaranteed credit to small firms.

from Economy-News-Economic Times https://ift.tt/35ZQioN