The government is optimistic about the economy’s trajectory of recovery and expected a V-shaped recovery, said TV Somanathan, expenditure secretary, during an online conference on Thursday. “I must tell you that we are somewhat optimistic that among the various shapes of recovery….we are expecting something like a V-shaped recovery. This year being at the bottom […]Read More
Tags : "Expenditure"
Chairman of the Prime Minister’s Economic Council Bibek Debroy on Monday said that the ongoing Covid-19 crisis has flagged the issue of expenditure on health, and given the paucity of resources, a reprioritisation of public expenditure is required not only on health but also for decentralisation. “What Covid-19 has done is to flag the expenditure […]Read More
At first, New Delhi struggled to square the circle to make sense of the zeros in the economic stimulus. After unconvincing attempts, there are hints of unused ammunition that can be fired later to counter the trail of destruction that Covid-19 will leave behind. It’s a marathon, not a sprint, as a government adviser reminded […]Read More
New Delhi: The ministry of finance has issued guidelines for relaxations of procurement, expenditure and transportation norms of medical and other essential supplies for Covid-19 containment and reduction operations on Monday. Aimed at expediting the method as delays may lead to loss of lives, the relaxations apply to the well being, textiles and civil aviation […]Read More