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Friday, April 17, 2020

After bazooka, RBI pulls out a Swiss knife

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THE ECONOMIC TIMESDaily Newsletter
Fri, Apr 17, 2020 | 05:50 PM IST
#Coronavirus#EconomyTracker#Whatsbuzzing
Top stories of the day
After bazooka, RBI pulls out a Swiss knife After bazooka, RBI pulls out a Swiss knife
The Governor announced a second tranche of liquidity for NBFCs, refinancing institutions. ...
China won't be able to bail rest of Asia out this time
Govt wants data on all sackings, pay cuts
Discoms to suffer Rs 30K cr revenue loss due to lockdown: CII
40% decline in growth of COVID-19 cases: Health Ministry
Fuel sales slump 50% in April; petrol down 64%, diesel 61%, ATF 94%
FMCG sales witness sharp decline in March last week: Survey
Govt announces fresh lockdown exemptions
Debate This
Has India shortchanged the informal sector in its Covid response?
Govt wants data on sackings and pay cuts happening in India. Modi has himself made multiple appeals to companies to be considerate to staff. But all this is exclusively for the organised sector. The informal sector that forms the economy's backbone has got a few doles, but nothing beyond that. What'll be the cost of the skew?

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