India Economy | Page 3

From setting up an economic task force to addressing the recent panic buying of consumers, the Indian Prime Minister listed out a few things that the government was doing to fight the pandemic. He also appealed for a nationwide self-imposed curfew on Sunday and asked citizens not to burden the healthcare system unless absolutely necessary.

Finance minister Nirmala Sitharaman said start-ups "have emerged as engines of growth for our economy" and announced some key policies benefiting the community

While it is expected that the Budget's focus is going to be on measures that can revive the struggling economy, a focus on more investment in information technology is required

The agency cut the country's 2019 economic growth from the 6.1 per cent that it estimated in October, citing a sharper-than-expected fall in domestic demand and stress in NBFCs leading to a decline in credit growth.