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stimulous package

25 Aug 2020

Stimulus package: Centre to look at second-round after COVID-19 fears ebb

The government's first round of fiscal stimulus included measures like extra spends of nearly 2 percentage points of GDP The RBI delivered two deep rate cuts before surprising all with a pause this month, leading some analysts to opine that the govt will have to do the heavy lifting now Speculation about a second round of economic stimulus has been swirling for the last few days, with some quarters feeling it will come around the upcoming festive season

04 May 2020

India's GDP growth to contract by 20% in June quarter, says ICRA amid lockdown

On May 2, Prime Minister Narendra Modi, however, underlined the need for new structural reforms and expedite work on infrastructure projects to revive the economy reeling under the impact of lockdown.

International Monetary Fund

15 Apr 2020

Urgent need for policy action by India: IMF on COVID-19 pandemic

There is more scope for more "urgent" policy actions in India as the economic toll from the coronavirus pandemic is likely to be "large", a top IMF official said, noting that the fiscal stimulus package unveiled by the government to mitigate the impact of the COVID-19 is a step in the right direction.

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