Debt monetisation- Should it be done in light of the corona-induced crisis?

5 Comments / Economics, Economyria Explainer, Indian Economy, World Economy / By

All major economies in the world have unleashed massive fiscal stimulus packages to tackle the economic fall-out of the coronavirus outbreak. In contrast, India’s fiscal stimulus package has been minuscule. In March, the Government had announced Rs.1.2 trillion stimulus package targetted towards the poor, low-income and vulnerable segments of the population. This allocation amounted to …

Debt monetisation- Should it be done in light of the corona-induced crisis? Read More »

What is Fiscal Responsibility and Budget Management (FRBM) Act?

2 Comments / Economyria Explainer, Indian Economy / By

Many states have asked the Centre to raise the fiscal deficit limit from 3 % to 5 %. It must be noted that under the Fiscal Responsibility and Budget Management (FRBM) Act, states are mandated to keep their fiscal deficit under 3% of their respective GSDP.  [You may read: Fiscal Deficit; Revenue Deficit; Primary Deficit] …

What is Fiscal Responsibility and Budget Management (FRBM) Act? Read More »

What is SDR? Why US and India opposed new SDR allocation?

Leave a Comment / Economyria Explainer, Indian Economy, World Economy / By

The COVID-19 pandemic and the consequent lockdown has severely impacted economic activities across the world. As per the IMF’s World Economic Outlook, the global economy is expected to contract sharply by –3 % in 2020. This makes it the worst recession since the Great Depression, and far worse than the Global Financial Crisis of 2008. [You may …

What is SDR? Why US and India opposed new SDR allocation? Read More »

The Great Wall Against Chinese FDI

Leave a Comment / Economyria Explainer, Indian Economy, World Economy / By

India changed its Foreign Direct Investment (FDI) rules to curb opportunistic takeovers/ acquisitions of Indian companies amidst the COVID-19 pandemic. This is clearly a move directed towards China. The pandemic has caused stock markets around the world to collapse. As the share prices of companies are down and they are struggling due to cash-flows issues, …

The Great Wall Against Chinese FDI Read More »