Insights into Editorial: Economic revival beating predictions: RBI bulletin

  Context: There is now more evidence to show that the Indian economy “is pulling out of COVID-19’s deep abyss and is reflating” at a pace that beats most predictions, RBI officials, including Deputy Governor said in an article in the central bank’s monthly bulletin. RBI released an article titled “State of the Economy” stating …

Insights into Editorial: Economic package math: It’s 10% of GDP but about half is already factored in

Context: The Rs 20-lakh crore package announced by Prime Minister Narendra Modi sounds big but will burn only a small hole in the government’s finances. A large part of it, or as much as Rs 8.04 lakh crore, is additional liquidity injected into the system by the Reserve Bank of India through various measures in …