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Are the Government's announcements a smokescreen? | The Urban Debate
Posted
May 18, 2020
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697
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May 18, 2020
697
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34:32Now PlayingOn The Urban Debate with Tanvi Shukla, Government announced ₹20 lakh crore stimulus package saying that it amounts to 10% of India's GDP. Now, many experts & Opposition is are questioning it.
Times Network's internal calculation shows the overall fiscal impact of these announcements is 1% of GDP.
RELIEF PACKAGE DECODED: The ₹3 lakh crore package has been announced for MSMEs. How much of that will actually translate into on-ground lending? says, HDFC Bank Chief Economist Abheek Barua.
We want something tangible & not just big numbers. I feel govt is staying away from us because they feel that the hospitality sector is luxury segment, not realizing that we're the largest employers. says, National Restaurant Assoc Amrish Arora.
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