15 May 2020 Covid-19 has altered the entire economic paradigm like no other event. The global economic fallout is worsening by the day and countries across the world are grappling with the economic challenges. The ensuing battle against Covid-19 is expected to be a long-drawn one and its attendant economic…
Browsing CategoryDG’s Journal
How to restart economy in a way that’s safe and sustainable
14 May 2020 The Narendra Modi government’s decision to impose one of the strictest lockdowns worldwide, which has now been operational for close to 50 days, has augured well to flatten the curve on casualties in India, but it is bound to have some serious implications for the economy. The…
A visionary statement from PM Modi
13 May 2020 The Prime Minister has delivered a visionary statement that truly captures the needs of the nation at this critical hour during the Coronavirus pandemic. He has promised a package of Rs 20 lakh crores which would be delivered to stressed sections of society, farmers, workers, and MSME.…
Centre-state co-ordination holds the key for rejuvenation
12 May 2020 The economic and human impact of the coronavirus pandemic has been unprecedented. To curb the spread of the Covid-19 outbreak, India has been in a lockdown since March 25. As majority of economic activity and business operations came to a halt, job losses were evident across the…
Preserving jobs is key to faster economic recovery as lockdown is lifted
08 May 2020 With jobs intact, the spending capacity and demand will also remain intact. In addition, the government must boost spending on infrastructure and MGNREGA Usually economic growth drives job growth, as jobs and livelihoods are an outcome of economic activity. I believe that the Covid pandemic which has…
Industrial districts, turn the key
06 May 2020 Confederation of Indian Industry (CII) poll of about 100 CEOs conducted on May 4 has revealed that most of them expect the economy to contract this year. As per an earlier poll, one-third of firms expect their revenues to contract more than 40% this year. Almost half…
Covid-19 and foreign trade: How to ensure Indian exports survive the churning and pick up steam
13 Apr 2020 The global spread of Covid-19 has brought about an unprecedented halt to activity in all major economies. WTO has forecast global trade volumes to drop sharply by 13-32%, which has not been seen before in the modern era. The situation is so fluid that most of us…
CII interventions to combat Coronavirus
22 Mar 2020 The world is currently passing through a challenging period due to the spread of Covid-19. The safety of people across the world is of paramount importance, while ensuring that the epidemic does not infect more and more with each passing day. For this, Hon Prime Minister has…
Corporate governance bar must be raised
28 Feb 2020 As a $3-trillion economy aspiring to enhance its global position, India is transforming its business environment and looking to entrepreneurs as wealth-creators. Ways of doing business are changing to align with global patterns. Today, governments and regulatory agencies expect companies to conform to global best practices for…