Nirmala Sitharaman India hospital economy Government crisis Nirmala Sitharaman India

Opinion | All our fiscal options should be kept open

Reading now: 754
www.livemint.com

Finance minister Nirmala Sitharaman’s hints of further financial relief should lift the spirits of India Inc. Policy flexibility will serve the larger interests of the Indian economy Just as economists and businesses seemed resigned to diminishing demand as a kind of “force majeure" on its own, given the weak stimulatory effect of last week’s relief package, hopes have been stoked again.

The five tranches of policy measures announced by finance minister Nirmala Sitharaman may not be all. There may yet be more to come, as her media statements suggest.

Asked upfront by Mint about the possibility in an interview, she said, “I am not ruling it out. I have to see how [the pandemic] develops as we go further." This seems to indicate that the

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Gotabaya Rajapaksa - The economy is recovering, says President during meeting with professionals - newsfirst.lk
newsfirst.lk
54%
780
The economy is recovering, says President during meeting with professionals
COLOMBO (News 1st); President Gotabaya Rajapaksa said that the nature or extent of the challenges will not matter in fulfilling the promises made to the people.He noted that development activities continue in the country while taking necessary steps to control the COVID-19 pandemic.The President also pointed out that the economy, which had been collapsed for nearly two years, is gradually recovering.The President made these remarks participating in the first round of discussions in a series of sessions with professionals representing various fields, held at the President’s House on Friday (11).The professionals who participated in the discussion said that they are further committed to make the national programme a success by giving the necessary strength to achieve the goals desired by the President, said a statement.The professionals vehemently rejected the allegations spread by some sections with the objective of achieving narrow political agendas, the statement added.Experts in the field said that the new approach to agriculture initiated by the President is being continuously supported by the researchers and entrepreneurs who are engaged full time in these fields, further noted the statement.Representatives from a wide range of fields, including education, policy, sociology, agriculture, research, water and renewable energy, medical, engineering and innovation, were present at the discussion with the President.Ministers, State Ministers, Members of Parliament, the Governor of the Central Bank, the Secretary to the President, the Principal Advisor to the President and many others were also present.
DMCA