Followers

Thursday, April 16, 2020

Govt readying stimulus for corp, relief for poor

The view in the govt has been that its immediate priority should be to address problems of the poor and migrant labour affected by shuttered workplaces while it seeks a clearer assessment of the economic fallout. The extension of the lockdown till May 3 has triggered fresh demands for a stimulus as companies are finding it difficult to pay salaries and meet other costs because of the loss of revenue.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3eoXRtj

No comments:

Post a Comment

Will Tata Sons get listing waiver? RBI tweak will make it 'upper NBFC'

The Reserve Bank of India is proposing a simpler asset-size threshold of Rs 1 lakh crore to identify large NBFCs for stricter regulation, re...