With the coronavirus crisis dealing a heavy blow to jobs and economic growth, Prime Minister Narendra Modi has laid down the measures his cabinet colleagues must take urgently as the country emerges from a crippling national lockdown.
The priorities that Modi has set include aiding quick recovery of businesses, clearing the bottlenecks to investments, reforming corporate governance and credit markets, ensuring financial stability and liquidity, speeding up infrastructure projects and reforming agriculture.
Modi’s emphasis on support to businesses and urgent reforms come at a time when businesses, struggling to pay wages and remain solvent, are keenly awaiting a big stimulus package. “The reform initiatives undertaken by the various
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