Amid mounting demands for a fiscal stimulus, the govt’s key economic advisory council will meet today to discuss measures to kick-start the economy NEW DELHI : A key economic advisory council of the Union government will meet this week to brainstorm the public spending needed to revive the economy amid mounting demands for a fiscal stimulus.
The council, led by Fifteenth Finance Commission chairman N.K. Singh, will over two days, starting Thursday, deliberate on the impact of the covid-19 pandemic on economic growth in this fiscal year and the next, and possible assumptions for tax buoyancy and revenue during the period.