September 24, 2021

The World Stock Markets Tips & Targets, News, Views & Updates

The World Stock Markets Tips & Targets, News, Views & Updates

If the recovery is strong, why not cut back stimulus?

If the macroeconomic situation today is far better than after the global financial crisis, as government economists point out, recall that the repo rate at the time was 4.75 per cent, compared to today’s 4 per cent

If the recovery is strong, why not cut back stimulus?

The last few weeks have seen a rush of reports that indicate the Indian economy is making a strong recovery from the ravages of COVID-19. The Chief Economic Adviser has said the economy is making a V-shaped recovery. He has pointed to a host of indicators to buttress the case for a strong rebound — these include a sharp rebound in industry and services, consistent performance in agriculture, fewer daily COVID cases, increase in vaccinations, recovery in mobility, resilient…

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