There’s monetary, fiscal space for further stimulus: Sanyal
Synopsis
Sanyal said the government had made it adequately clear during the lockdown that emphasis was on providing a cushion and a safety net for the poorest sections and for the most vulnerable parts of the business system.
NEW DELHI: There is monetary and fiscal space to provide more support to the economy, which has picked clear momentum, principal economic advisor Sanjeev Sanyal told ET. A carefully calibrated monetisation is part of every policy maker's toolkit, he said, cautiously pitching the idea to fund more stimulus measures.“We have to make sure that productive parts of the economy continues to be supported, demand needs to be supported and certain kinds
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