View: Has the Modi government given up on relief for the Covid-hit economy?
The Rs 73,000 crore to ‘stimulate’ consumer spending announced on Monday is even more unfortunate. Synopsis Instead, it has played it safe by accepting RBI’s decisions to address the stress caused by the pandemic, in the hope that it will find favour with the Supreme Court. RBI’s recent Covid-19 resolution framework (RF) allows for one-time … Read more