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Wednesday, April 15, 2020

Normal monsoon forecast, risk aversion in bond market, and debt relief for poor countries

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India to get normal monsoon, says IMD as country battles coronavirus From Business Standard : India is likely to have a normal monsoon t...
Tuesday, April 14, 2020

COVID-19 induced recession worst since the Great Depression

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In the latest World Economic Outlook (April 2020) , the IMF projected global growth to contract sharply to -3% in 2020. The cumulative loss ...
Sunday, April 12, 2020

GDP growth to decline 2.8% in FY2020 in Nepal and in FY2021 in India

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In its latest South Asia Economic Focus (April 2020) , the World Bank projects a sharp economic slump in South Asia, caused by halting econ...
Saturday, April 11, 2020

Economic impact of COVID-19, policy measures required and how to finance deficit in India

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Adapted from McKinsey & Company's latest brief on  Getting ahead of coronavirus: Saving lives and livelihoods in India In scenario 1...
Friday, April 10, 2020

Stimulating demand in India through construction sector

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Raising demand through construction sector stimulus Ajay Shankar writes in Financial Express : [...]The construction sector has a large ...

Food subsidy, fiscal conundrum and mapping of migrant workers in India

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Excess stocks of the Food Corporation of India must be released to the poor Jean Dreze writes in The Indian Express : Everyone knows tha...
Thursday, April 9, 2020

Financing COVID-19 related deficit in India and the impact of COVID-19 on Nepali economy

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Fiscal space: Not if but how In an op-ed published in Business Standard today (ungated version here ), Devesh Kapur and Arvind Subram...