The Economic Advisory Council of the 15th Finance Commission (FFC) will hold a two-day virtual meeting starting Thursday to discuss the implications of the covid-19 pandemic on economic growth in this fiscal year and the next, and the stimulus required to shore up the economy.
The meeting, which will be presided over by FFC chairman N.K. Singh, will also discuss possible assumptions in tax buoyancy during the two-year period.
The meeting comes at a time the finance ministry is deliberating a stimulus package to stem job losses as a result of the ongoing lockdown by helping companies stay afloat.
While the Centre has extended the lockdown till 3 May, from Monday onwards it allowed the resumption of some economic activities, mostly in rural