The actual and immediate fiscal outgo works out to just around 1% of GDP
Are these measures going to be enough to tide over the crisis facing the economy at present? Let's take a Deep Dive with AKB to understand these and more
Most units say there are no orders as retailers haven't resumed operations
In her five-tranche package, Finance Minister Nirmala Sitharaman covered measures and reforms for the MSME sector, agriculture & allied sector, the Essential Commodities Act, migrant workers, labour codes, coal and mining, power distribution, defence production, employment generation, civil aviation, PSU rationalisation, insolvency and bankruptcy code, among other things. Are these measures going to be enough to tide over the crisis facing the economy at present? What will be their short-term and long-term impact? Financially speaking, what will all this mean for the government? Let’s take a Deep Dive with AKB to understand these and more
Corporate results will continue to pour in throughout the week. Companies like Bharti Airtel, Bajaj Auto, Colgate Palmolive, and Dr Reddy's are scheduled to come out with their March quarter numbers
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Gandhi had interacted with some migrant workers returning home at Delhi's Sukhdev Vihar on Saturday
The plan for cash relief changed as the ground realities altered rapidly in the past two months
State borrowing limit raised to 5%, but conditions apply
During pandemic, Centre must not constrain states
Package focused on reforms, not to boost demand immediately
The retail industry, which contributes around 40 per cent to India's consumption and 10 per cent to India's gross domestic product, is severely stressed
The assurance given by the finance minister that benefits given to MSMEs will not be withdrawn if they grow in size may solve this problem to an extent
In addition, experts said, domestic bourses will take cues from global peers which have been reeling from fears of a second wave of Covid-19 in some countries
The move will help Indian companies get access to multiple jurisdictions for raising capital, with differing costs and listing conditions, said experts
Infectious disease hospital blocks to come up in all districts; public health labs to manage pandemics
Not all of this amount will necessarily be borne in fiscal year 2020-21
Online ordering of food has taken a hit as most restaurants and hotels continue to remain closed due to lack of labour or the increased risk to the staff due to the coronavirus