Will Economic Relief Package Prove Relief to MSMEs?

The economic relief package of ₹20 Lakh crores includes the money to be spent through fiscal as well as monetary policy responses. However, the actual money that the government would directly be spending to boost economic activities would be around ₹6 Lakh crores; far less than the announced ₹20 Lakh crores. It does not mean that the amount of ₹20 Lakh crores is a token amount. The government through these measures wants to actually increase liquidity by ₹20 Lakh crores in the economy over time. Monetary policy response route is being taken because the government needs to manage fiscal deficit so that there are no significant negative consequences on the front of exchange rate and inflation.

India Fight Against Coronavirus: Observation from 13th May 2020 Data

A few observations from 8th May 2020 National Data on the Coronavirus pandemic:-

1. New cases are increasing everyday. However the daily growth rate has fallen down to 3.5%. The daily growth rate is going down but on an average everyday more than 3500 new cases are increasing. This clearly indicates the long drawn battle against coronavirus.

India Fight Against Coronavirus: Observation from 11th May 2020 Data

A few observations from 8th May 2020 National Data on the Coronavirus pandemic:-

1. New cases are increasing everyday and the daily growth rate is more than 5% for a long time. It indicates that it will take longer than expected before India is able to contain the spread of coronavirus. Simply it's a long battle altogether and this episode is not going to end so early.

India Fight Against Coronavirus: Observation from 10th May 2020 Data

A few observations from the week ending on10th May 2020 (National Data) on the Coronavirus pandemic:-

1. The proportion of active cases has been continuously falling over the weeks from 98% on week ending on 14th March to 65% on 10th May while proportion of recovered cases has been continuously increasing.

COVID19: Headlines Management in Delhi

It is really very sad and unfortunate to find out that a democratically elected government fails to even maintain the integrity of data, however it is not something new. Previously many governments (states and centre) have intentionally been involved in such practices. Similarly Delhi government seems to be intentionally under reporting the daily data relating to Covid19 confirmed cases as well death toll with the sole purpose of avoiding any negative news headline!

On 8th May 2020 total confirmed cases in Delhi was 562 but the Delhi government published this data in two phases in two days. On 8th May 2020, the government released data that claimed that the total numbers of new confirmed cases in Delhi were 338. It was really good and relaxing to see a decline in daily confirmed cases. But on 9th May evening the Delhi government released a set of data that claimed 224 confirmed cases.

India Fight Against Coronavirus: Observation from 8th May 2020 Data

A few observations from 8th May 2020 National Data on the Coronavirus pandemic:-

1. Total confirmed cases grew at 6.63% with a doubling period of 10.79 days on 8th May that is slightly higher than that of the previous day numbers. Any sign of growth rate in confirmed cases slowing down looks a distant feasibility. If the lockdown was lifted after 14 days on 8th April, the number of total confirmed cases would have been increased to 1,50157 if the doubling period was 7 days.

India Fight Against Coronavirus: Observation from 7th May 2020 Data

A few observations from 7th May 2020 National Data on the Coronavirus pandemic:-

1. Growth in the confirmed cases was 6.6% on 7th May. Almost the same growth was witnessed on 6th May. Not only on 6th May, but since 1st May total confirmed cases are increasing at almost the same growth rate. There is no sign of moderation. Rather, it is increasing however in very small numbers. Confirmed cases are doubling in 10.8 days. If the lockdown was lifted after 14 days on 8th April, the number of total confirmed cases would have been increased to 1,24,506 if the doubling period was 7 days.

Fight Against Coronavirus: Observation from 6th May 2020 Data

A few observations from 6th May 2020 National Data on the Coronavirus pandemic:-

1. Growth in the confirmed cases was 6.5% on 6th May. Almost the same growth was witnessed on 5th May. Doubling period was 10.8 days. Even if the lockdown has lifted after 14 days, cases would have increased to 1,03,236 if the doubling period was 7 days.

Fight Against Coronavirus: Observation from 5th May 2020 Data

A few observations from 5th May 2020 National Data on the Coronavirus pandemic:-

1. Total confirmed cases increased by 6.6% with a doubling period of 10.8 days. Even if the National Lockdown has been lifted after 14 days, cases would have increased to 85,700 if the doubling period was 7 days. 

Fight Against Coronavirus: Observation from 4th May 2020 Data

A few observations from 4th May 2020 National Data on the Coronavirus pandemic:-

1. Confirmed cases have started increasing at an increasing rate. On 4th May, 5 days growth rate of confirmed cases increased to 7% from 5.8% four days earlier decreasing the doubling period to 10.2 days from 12.3 days 4 days earlier.