The Fisc and the Economy
India’s central government was faced with a fiscal crisis even prior to the Covid-induced lockdown – due to its pursuit of neoliberal policies.
A Niggardly Response to an Extraordinary Crisis
C.P. Chandrasekhar In a show of solidarity, some of India’s opposition leaders have declared the much-delayed relief package (titled Pradhan Mantri Garib Kalyan Yojana) announced by Finance Minister Nirmala Sitharaman on March 26 to mitigate the effects of the Coronavirus pandemic on the poor as a welcome “first step”. But any serious scrutiny of the…