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Why a stimulus can't wait: Second wave has created massive uncertainty. Only answer is massive spending


Why a stimulus can’t wait: Second wave has created massive uncertainty. Only answer is massive spending
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Why a stimulus can’t wait: Second wave has created massive uncertainty. Only answer is massive spendingBy
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Synopsis
Four months after Sitharaman’s best budget, the worst sort of uncertainty confronts every economic decision-maker, from migrant workers to middle class professionals to maharajas of India Inc.
TOI-Online
“The budget … will have to go down to the people,” FM Sitharaman told TOI, answering this newspaper’s question on whether GoI should provide a large economic stimulus. Her point being that critics asking for a fiscal boost should recognise that we are just two months into the new financial year, and that the budget’s expenditure package, designed for a “Covid-affected economy”, should be allowed to play out. ....

Jan Dhan , Azim Premji University , India Inc , Working India , Massive Spending , Large Economic Stimulus , Massive Uncertainty , Nirmala Sitharaman , ஜான் தன் , அஸிம் ப்ரேம்ஜி பல்கலைக்கழகம் , இந்தியா இன்க் , வேலை இந்தியா , பாரிய செலவு ,