Govt should have acted like a driver to pull the economy out of the mess

The decriminalisation of Companies Act and ease of doing business are the small mercies bestowed on Corporate India.

The government’s stimulus measures have been a mixed bag, with possibly more disappointments than meeting expectations, especially where people had expected direct sops to flow into the business accounts, interest waivers, etc.

Among notable announcements on Sunday – the fifth and final tranche – was to hike the borrowing limit for the states from 3 per cent to 5 per cent, which thankfully comes with performance riders. MNREGA scheme has been allocated an additional Rs 40,000 crore to facilitate migrants who have returned to their home states to secure livelihood. Though it’s beneficial to the migrants, most of whom would