Economic Stimulus 2.0

Economic Stimulus 2.0: The Challenge Ahead of Indian Policymakers

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Economic Stimulus 2.0

It has been a highly debated topic recently in a country of 1.3 billion people when the Ministry of Finance announced a relief package 1.0 to drive the Indian economy through COVID-19 pandemic.

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Lots of speculations and questions raised after an announcement of one of the most expensive fiscal packages announced by GOI after independence.

In this article, we are going to compare this package with the packages announced by some of the countries around the globe. In the end, we are also going to touch on challenges ahead of Indian policymakers as GOI is close to announce package 2.0.

Let us compare the relief packages of some of the countries around the globe. Countries are selected based on their economic sizes in terms of GDP and their development status.

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