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Showing posts from May, 2020

A New Self Reliant India

Amidst the ongoing Covid-19 lock down in India, yesterday the prime minister announced continuation of the lock down in its fourth phase in little less restricted mode. More importantly, he also announced an economic stimulus package worth 20 trillion rupees i.e., some 10% of India’s GDP. This package will also include already announced measures as well as RBI’s policies of injecting some 8 trillion rupees in the economy. Although the details of this package will be announced in the coming days, the basic background under which this package will work became clear in prime minister’s speech. While   announcing   this package prime minister said that, Announcing an economic stimulus package for ₹20-lakh-crore (estimated at 10% of the GDP), with a clearly defined leap towards economic reforms that will, in his words, lead to Atmanirbhar Bharat, or a self-reliant, resilient India. He   also   emphasised on achieving self-reliance for the country at a time when ...

Covid-19 Pandemic and the Indian and World Economy & Society

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Recently I was interviewed by Mr. Ibrahim Susiwala – a Senior Partner, Enwisen Consulting LLP – to discuss myriad of issues like the condition of the Indian and the world economy today, how businesses will survive amidst the Covid-19 chaos, Indian stock market and many other such economic, political and social issues. This interview is in Hindi language to cater the Indian audience. Listen and share it so people can understand what is going on and what is likely coming their way.