According to the minutes of the Monetary Policy Committee (MPC) released by the central government on Friday 5th May 2020. The RBI Governor Shaktikanta Das underlined the need to go full throttle to ease financing conditions once the lockdown is lifted. He said, “In the deliberations of the MPC, my view is that the threats to growth have to be addressed frontally and … [Read more...]
5th phase of Atma Nirbhar Bharat Abhiyan Package
On Sunday, 17th May, 2020, Finance Minister Nirmala Sitharaman announced the 5th tranche of “Atma Nirbhar Bharat Abhiyan” (“Self-reliant India Campaign”). It focused on 7 steps about MGNREGS, Health (Rural and Urban) and Education related, businesses and COVID-19, Decriminalization of Companies Act, Ease of Doing Business, Public Sector Enterprises related steps and state … [Read more...]
The Fourth Phase of ‘Atma Nirbhar Bharat Abhiyan’
On Saturday 16th May 2020 the Union Finance Minister Nirmala Sitharaman’s announced the 4th tranche of Atma Nirbhar Bharat Abhiyan. Main focused primarily on eight sectors such as coal, minerals, defence production, airspace management, airports, MRO, power distribution companies in UTs, space, and atomic energy. FM Nirmala Sitharaman said that “The structural reforms being … [Read more...]