Indian Economy

FM Sitharaman’s package 3: Everything you wanted to know

The FM unveiled the third tranche of Prime Minister Modi’s special economic package of 20 lakh crore on Friday. The third set is worth Rs.1.5 lakh crore [You may read- What does Modi’s 20 lakh crore package mean?] The third tranche of the PM’s package is mainly focused on agriculture and allied activities like fisheries, dairy, husbandry, …

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FM Sitharaman’s package 2: Everything you wanted to know

The FM unveiled the second tranche of Prime Minister Modi’s special economic package of 20 lakh crore on Thursday. (14/5/2020). The second set is worth Rs.3.16 lakh crore [You may read- What does Modi’s 20 lakh crore package mean? ] She had announced the first tranche on Wednesday. [You may read- FM Sitharaman’s package 1: Everything …

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FM Sitharaman’s package 1: Everything you wanted to know

The FM unveiled the first tranche of Prime Minister Modi’s special economic package of 20 lakh crore. The first set is worth Rs.6 lakh crore (Rs 594,250 crore to be exact). The FM is expected to make a series of announcements for the rest of the package over the coming days. [You may read- What …

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Modi’s 20 lakh crore Economic Package- Is it worth all the hype?

PM Modi announced a special economic package amounting to Rs 20 lakh crore to deal with the COVID induced economic crisis. This amounts to 10 % of India’s GDP. [You may read about the first tranche, second tranche, third tranche, fourth tranche and the last tranche of this package] How does the package compare with …

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Is lockdown the only way out of this pandemic?

The nationwide lockdown would continue in some form or the other even after May 17. This post attempts to analyze if lockdowns were effective to fight the COVID 19 pandemic. To be sure, when the Government decided to lock down on 24th March, it had no other acceptable alternative. The response was based on an …

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PM CARES vs PMNRF- All you need to know

The Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES) was launched on 28th March 2020. Its immediate purpose is to raise funds for fighting the novel coronavirus or COVID-19. Quite expectedly, the opposition parties started raising queries about the need for such a fund, when the PM National Relief Fund (PMNRF) …

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Why were the states in a rush to open liquor shops?

The lockdown enforced to tackle the outbreak of the pandemic halted economic activity across the country. This has hit the revenues of the states. This was the reason, the states were keen to open liquor shops despite concerns that social distancing norms would not be followed. Before going into detail of taxes on alcohol, let …

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