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Those demanding a fiscal stimulus to jump-start economy need to first get a reality check on what India can afford, says Jahangir Aziz, global head, emerging markets economics and commodities research, JPMorgan NEW DELHI : As the economy reopens gradually, the focus of discussion is rapidly shifting to the recovery and the desired stimulus from the Union government.

In an email interview, New York-based Jahangir Aziz, global head, emerging markets (EM) economics and commodities research, JPMorgan, dwelled in detail on the options before the government.

Edited excerpts: All indicators suggest the lockdown has savaged the economy. The apocalyptic slump in manufacturing and especially services Purchasing Managers’ Index (PMI) for April are

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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