Stimulus package is a well-designed boost for economy: Chandrajit Banerjee

Given that the economy had been suffering from a complex set of problems, the finance minister (FM) did well to announce an array of measures to bring relief. The interventions were well thought out, as they addressed key concerns in the economy. Further, the measures did not amount to a traditional fiscal stimulus, as only a few of them have any implications on revenue foregone or additional expense. Instead, they were aimed at rejuvenating “animal spirits” by removing some key hurdles to the economic activity.  Very significant measures have been taken to facilitate we.....

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