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From why it might be good to place any monetary policy decisions in this troubled time under an escape clause similar to the FRBM Act to the reasons India’s “Atmanirbhar” package has had little effect on the exchequer and how the Covid crisis could be transformational, here's a selection of Business Standard Opinion pieces for the day.
The relationship between monetary policy and inflation is not reliable in a crisis, write Partha Ray & Ashok Banerjee, professors at Indian Institute of Management Calcutta. Click here to read...
India must brace for a flood of yield-seeking capital that will
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