Covid19

RBI cuts rates by 40 bps; maintains accommodative stance

The RBI held an unscheduled Monetary Policy Committee meeting to undertake a set of measures to infuse liquidity into the system reeling under the economic impact of the lockdown. [You may also read: The Monetary Policy Committee explained] On 22nd May, the RBI Governor, Shaktikantha Das, addressed the nation. It was his third address since …

RBI cuts rates by 40 bps; maintains accommodative stance Read More »

FM Sitharaman’s package 5: Everything you wanted to know

The FM unveiled the fifth and final tranche of Prime Minister Modi’s special economic package of 20 lakh crore on Sunday. [You may read- What does Modi’s 20 lakh crore package mean?] The fifth tranche of the PM’s package is mainly focused on privatisation of public sector enterprises (PSEs) [You may also read about the first tranche, second tranche , third …

FM Sitharaman’s package 5: Everything you wanted to know Read More »

FM Sitharaman’s package 4: Everything you wanted to know

The FM unveiled the fourth tranche of Prime Minister Modi’s special economic package of 20 lakh crore on Saturday. The fourth set is worth Rs 8,100 crore.  [You may read- What does Modi’s 20 lakh crore package mean?] The fourth tranche of the PM’s package is mainly focused on structural policy reforms in 8 sectors- coal, …

FM Sitharaman’s package 4: Everything you wanted to know Read More »

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, …

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

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 …

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

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 …

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

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 …

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