COVID-19 Could Adversely Affect Output and Prices. India Needs Both Monetary and Fiscal Policies to Handle the Pandemic, says SBI

Moneylife
India has till date responded quite well to the coronavirus (COVID-19) crisis, though the financial markets have been significantly impacted. Though India has already taken plethora of steps to prevent the spread of corona virus, all eyes are now on the rise in active cases in the current week and next, as global experience shows the jump in second week of active cases is around seven…