Start
23/05/2020 - 12:00 pm
End
23/05/2020 - 1:30 pm
Address
Online Mode : Webinar View mapWe stand now facing an uncertain future.
Many countries have been in lockdown since early March 2020. Physical distancing might be the norm for at least several months. Nobody knows how—or if—they can maintain indefinite lockdowns without compromising the livelihoods of their people.
As the pandemic continues its exponential course, workers in most countries wonder what will become of their jobs when the lockdowns end.
Businesses struggling to pay their employees and cover operational costs wonder if they will have clients or customers when they reopen.
Banks and investors realize that many companies, especially small and midsize ones, will default and are trying to protect both financial stability and public savings.
This daunting scenario poses several basic questions:
How can we save both lives and livelihoods?
Which decisions are best managed by governments?
How and to what extent should they try to save banks, prevent fiscal ruin, and safeguard future generations?
On May 12, Prime Minister Narendra Modi announced Rs 20 lakh crore special Covid-19 package to revive Indian economy. Over the next five days, Union Finance Minister Nirmala Sitharaman and her deputy Anurag Thakur provided details of the Covid-19 package ending up with measures worth Rs 21 lakh crore for an Aatm Nirbhar Bharat.
