Subsequent stimulus announcements could help improve the survivability of small businesses

Subsequent stimulus announcements could help improve the survivability of small businesses

First stimulus by Centre targets poor, later announcements should keep the financial system running

MARCH 28, 2020 10:49:41 AM

Some observers are also concerned about what high deficits would do to India’s credit ratings. It remains to be seen how agencies respond to globally large fiscal deficits monetised by central banks; India may not be an outlier here.