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Govt working to save lives, livelihood: Sitharaman tells business leaders

Posted on : Apr 19, 2021

Sitharaman last week said the government would not go for lockdowns in a big way and only resort to local containment

Covid second wave may impact government’s privatisation drive

Posted on : Apr 19, 2021

The Centre has made privatisation of state-run firms a key policy priority and it is seen as a major source of much-needed funds for the government, which is battling a tough situation with the spiralling of Covid cases. Experts reckon that localised lockdowns are also expected to hurt the economic recovery that is underway.

Constrained fiscal capacity, limited monetary policy room can hit India hard: World Bank chief economist

Posted on : Apr 19, 2021

Reinhart ruled out a threat of a repeat of the taper tantrum of 2013 for India, or a sharp sell-off by foreign institutional investors, but said there was a far bigger risk of the effects of the fresh surge in infections.

India invokes peace clause again as rice subsidies exceed 10% cap

Posted on : Apr 19, 2021

Peace clause protects India’s food procurement programmes against action from WTO members in case the subsidy ceilings – 10 per cent of the value of food production in the case of India and other developing countries – are breached.

Less extreme lockdown to work better for India: Carmen Reinhart, chief economist, World Bank

Posted on : Apr 19, 2021

Constrained fiscal capacity and little policy room with a big informal sector pose challenges, says Reinhart in an interview to ET.