Coordinated fiscal and monetary policies will be needed to finance higher deficits | The Indian Express

Coordinated fiscal and monetary policies will be needed to finance higher deficits | The Indian Express

Coordinated fiscal and monetary policies will be needed to finance higher deficits

SEPTEMBER 8, 2020 8:58:27 AM

While we may estimate a sequential improvement in GDP growth in the second quarter, there is likely to be another massive contraction of (-) 10.4 per cent. Growth is likely to remain in negative territory for the next two quarters.