Read more about Next fiscal step likely after vaccine to cure Covid-19 comes: CEA on Business Standard. Says vaccine is not very far off and when it comes, uncertainty about the virus will considerably go down and the time will then be ripe for generating demand for discretionary spending
Chief economic advisor said on Wednesday the next fiscal booster dose is likely to come after the uncertainty caused by goes down, so that people spend more on discretionary items. “It (fiscal support) is not a matter of ‘if’ but ‘when’,” he said in response to a question after his address to a Ficci event on capital markets.
