Economy needs nursing; Budget shouldn’t focus on fiscal consolidation: SBI
NEW DELHI: House economists at the nation’s largest lender State Bank of India (SBI) have urged the government to budget for nursing the pandemic-ravaged economy and not to focus too much on fiscal consolidation as there is a need for more stabilisation measures to sustain the fledgling recovery. And one of the best way to […]
Nirmala Sitharaman reviews implementation of Aatma Nirbhar Bharat Package with Secretaries
NEW DELHI: Prime Minister Narendra Modi had announced a special comprehensive economic package to fight the COVID-19 pandemic in India. He gave a clarion call for AatmaNirbhar Bharat Abhiyanor a Self-Reliant India Movement. The Prime Minister also outlined five pillars of AatmaNirbhar Bharat – Economy, Infrastructure, System, Vibrant Demography and Demand. Following the call of […]
Manmohan Singh to head Congress panels on economy, security and foreign affairs
NEW DELHI: Congress President Sonia Gandhi has constituted three key committees of the party to formulate its strategy on issues related to economy, national security and foreign affairs — all headed by former Prime Minister Manmohan Singh. The Economic Affairs Committee will have P Chidambaram, Digvijaya Singh, Mallikarjun Kharge as members and Jairam Ramesh as […]
Economy set to bounce back, time for bold actions: Ficci
NEW DELHI: Ficci President Sangita Reddy on Sunday said that India’s strategy of dealing with the Covid crisis has paid off and the nation’s economy is set to bounce back and emerge stronger. “The speed, virality and impact of the Covid contagion is unprecedented. There was no standard playbook for pandemic management. The dilemma for […]