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–Bimal Jalan: FRBM shouldn’t limit govt spend to deal with COVID—19
–Higher fiscal deficit not worrying as inflation in check–RBI financing deficit by buying govt bonds an option–GDP growth might decline by up to 250 bps in short run–RBI playing positive role in mitigating COVID-19 crisis–Universal basic income an option in the short runNEW DELHI – India’s fiscal deficit target should be based on "whatever is required on the ground" to tide over the coronavirus pandemic and at a time like this, the government should not be constrained by the limits set by the Fiscal Responsibility and Budget Management […]
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