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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...
Wednesday, April 8, 2020

Indian economy to slowdown in FY2021, high unemployment rate, and 1.25 billion workers at risk of losing jobs

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SBI pegs FY21 growth at 2.6%, say govt must monetize deficit From Business Standard : SBI house economists have pegged the growth forecast f...