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Opinion | Hit the reset, it’s time to look at a pandemic budget

covid-19 pandemic Government shock
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₹1.7 trillion relief package to mitigate the impact of the covid-19 pandemic on livelihoods of the poor, an additional outgo of ₹ 90,000 crore.

In a separate development later in the week, the Kerala government increased fares of public transport by 25% to stem mounting losses as the pandemic kept most people off the roads.The two developments, seemingly unlinked, are actually different sides of the same coin: they reflect the fiscal shock and consequences accruing from mega disruptions like the covid-19 pandemic.

It forced the government to implement a nationwide lockdown to contain the spread, knocking the bottom out of the economy. Not only did revenue receipts shrink to record lows, expenditure commitments skyrocketed as both the Union.

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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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