AS INDIA EMERGES FROM THE Covid-19 pandemic, rising inflation expectations have resulted in a slow uptick in borrowing costs for the government and companies alike. While these are still early days, the next year will be crucial in determining how India’s inflation trajectory progresses. Policymakers are clear they would like to avoid a repeat of a 2011-13 situation when high inflation and low growth derailed the growth story.
As the pandemic progressed, the government had been careful in its fiscal support for the economy. Much of the ₹20 lakh crore stimulus package it announced in May 2020 was in the form of food support and credit guarantees. The result was a manageable 9.5 percent fiscal deficit for the year ending March 2021 that included central, state and government enterprises borrowing. “To be fair, the central bank managed that borrowing with no disruption in the bond market,” says Ananth Narayan, associate professor of finance, SP Jain Institute of Management and Research.
Diese Geschichte stammt aus der March 26, 2021-Ausgabe von Forbes India.
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Diese Geschichte stammt aus der March 26, 2021-Ausgabe von Forbes India.
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Home-Cooked Meal Is Now Greatly Valued
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Paytm 3.0 - Reaching Near Breakeven In Two Years
As of 2020, Vijay Shekhar Sharma’s super app for financial services had run up losses in thousands of crores. Now, as digital payments gets yet another boost courtesy Covid-19, he’s hopeful of reaching near breakeven in two years
THE PANDEMIC HAS CAUSED WOMEN GREATER LABOUR PAIN
Covid-19 has shown that women are more likely to face the brunt of job losses than men, and find fewer opportunities when they want to resume. That apart, several have to deal with increased hours of unpaid work at home and even domestic abuse
LEADERSHIP WILL BE ABOUT SEEING THE BIGGER PICTURE
Leaders must not only guard their teams first during a crisis, but also deal with stakeholders with respect and dignity. And apart from pursuing business goals, they should remain committed to our planet and the environment
PHILANTHROPY SHOULD BE HUMBLE, BUT NOT MODEST
Apart from building a flexible and resilient framework for the future, philanthropists, civil society and the government must work in tandem so that every rupee is absorbed on the ground
INTEGRATED HEALTH CARE, TECH WILL DISRUPT SECTOR
While clinical research will get a boost, having a skilled workforce and public spending on health care will be challenges in the near term
DIGITALISATION WILL HELP IN VALUE CREATION
As the pandemic brings technology and innovation to the core of business and daily life, the next decade will see about 150 million digital-first families in India
Industry 4.0: Climate Revolution?
Augmenting sustainability alongside digital capabilities is an economic, competitive and global opportunity for India’s businesses, but regulations need to reflect intent
EV Dream Still Miles Away
Electric vehicles have remained a buzzword in India for years. But not much has moved on ground due to high upfront costs, range anxiety and charging infrastructure
Living Waters
A virus has caused us to scramble for oxygen but our chokehold on the environment is slowly strangling the very waters that breathe life into us. The virus is a timely reminder: We are merely consumers, not producers of life’s breath on this planet
