Insights into Editorial: Covid presents an opportunity for India

Introduction: The government deserves to be complimented for efficiently managing so far the fallout of the dreaded Covid-19 outbreak, that is devastating many countries in the world. The clamping of the lockdown was timely, as were the announcements of steps by the Reserve Bank of India to facilitate increased lending by the financial institutions. It …

How  COVID-19 outbreak slipped through China’s system?

How  COVID-19 outbreak slipped through China’s system? Context: Nearly, 1 million are infected by COVID 19 across the world today. Though, the spread initially started in the month of December last year, until January 19, authorities in Wuhan maintained there was no proof of human-to-human transmission. Studies suggest while China’s January 23 lockdown of 50 …

Insights into Editorial: RBI’s regulatory changes are crucial in the current economic scenario

  Context: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) convened for an emergency meeting, ahead of schedule, to discuss its response to the economic challenges posed by the Covid-19 outbreak. RBI Policy interest rate by 75 basis points: The rate is now lower than it was in April 2009, when the central …