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Restarting the economy

The first tranche of the stimulus package focuses on liquidity

Topics
Coronavirus | PM Narendra Modi | Lockdown

Business Standard Editorial Comment 

Prime Minister Narendra Modi’s address to the nation on Tuesday night made an eloquent case for what he called “self-reliance”, which raised some concern that in the midst of the crisis caused by the spread of Covid-19, India may be showing signs of turning towards an autarkic view of the economy. That concern was allayed by Finance Minister Nirmala Sitharaman a day later.

Self-reliance, she insisted, was not about isolating India globally, but building an integrated India. The economic package the finance minister has begun to announce will hopefully live up to that ...

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First Published: Thu, May 14 2020. 00:35 IST
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