The various indices released by the central bank, government and independent research agencies are indicating a deceleration in economic activities compared to the previous year performance. The current scenario does not seem to be very promising .The economy was shrinking in the last fiscal already, and so if we are doing even worse than that, […]
Continue ReadingThe economists and the institutions today are faced with a typical challenge to forecast the future levels of economic activities in extremely uncertain conditions. A forecast is defined as a statement of what is expected to happen in the future, especially in relation to a particular event or situation. Covid19 has made the task of […]
Continue ReadingOnce again we have come across the concept called “new normal” in the wake of covid19 aftermath. The term new normal was most widely heard in the in wake of the global financial crisis in 2009 that brought about global recession. It was a way to caution against the prevailing (and dominant) market and policy […]
Continue ReadingThe economic disruptions from COVID-19 have hit the MSME sector in India hard. Majority of them had issues relating to their cash-flows, business operations, and supply chains. The Government has declared wide range of measures to help the MSME sector tide over the adverse impact of the pandemic through various specific and general measures as […]
Continue ReadingRecently the International Monetary Fund has released a report that summarizes the key economic responses taken by 196 economies to limit the human and economic impact of the COVID-19 pandemic based on information publicly available or provided by the respective authorities of these nations. Several governments have taken various discretionary actions such as providing tax […]
Continue ReadingThe nationwide lock-down was first announced on March 24. It was further extended 3 times to contain the contagion of covid19. Now the country is slowly opening up in tranches. Slowly and steadily the lock-down conditions may be relaxed in areas where the impact of covid19 pandemic is relatively less or even negligible. Certain states […]
Continue ReadingThe government has recently made an announcement to suspend proceedings against defaulters under the Insolvency Resolution and Bankruptcy Code for up to one year. This is generally viewed upon as a big relief for Corona affected corporate loan defaulters. But then what is there in store for the Bankers whose balance sheets are already stressed […]
Continue ReadingCovid19 is a global pandemic. It has badly affected the health and wealth of nations in a short span of few months. Many governments resorted to economic stimulus of varied sizes and spent heavily on creating suitable infrastructure in a desperate attempt to save people infected by it while keeping the economic activities under mass […]
Continue ReadingCovid19 has spread fast. It has crippled lives of millions of people and consequently hurt economies of several nations in a span of a couple of months. It has not even spared the nations which are known to have the state of art health facilities or infrastructure. Many people have lost their lives. And many […]
Continue ReadingThe global economy is projected to contract by 3 percent in the year 2020 much worse than during the 2008-09 financial crisis. The COVID-19 pandemic is inflicting high human costs worldwide. As there are no proven medicines or vaccines to contain this pandemic, various countries had to resort to social distancing and the complete lock-down […]
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