Videos
COVID-19 Response: RBI Has Provided The Right Monetary Vaccine For These Times
The RBI has confidently faced up to the challenge before it.
The Reserve Bank of India (RBI) delivered a surprise on 27 March as it announced a series of measures that would be critical in assisting the micro, small, and medium enterprises (MSMEs) through the present lockdown caused by the coronavirus pandemic.
These measures include substantial rate cuts (75 basis points for the repo and 90 basis points for the reverse repo) along with liquidity enhancement measures such as long-term repo operations, a reduction in cash reserve ratio (CRR) levels to the lowest since 1962, and more significantly, advising banks to announce a moratorium on term loans for three months.
We got policy researcher Karan Bhasin to give his take on the central banker's decisive moves.
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Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.
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