https://www.taxtmi.com/news?id=22782 Council members agreed pre March GDP projections must be revised downwards, recovery will be gradual and uneven across States, and the pandemic poses significant uncertainty for public finances requiring a nuanced fiscal response focused on design. Priority measures include targeted support for cash starved small enterprises, preventing distress in non banking financial companies (including partial loan guarantees and RBI led capitalization of financial institutions), monitoring Central and State finances with short term cash management options, planning financing for additional deficits, and ensuring States have timely access to funds. en-us Sat, 25 Apr 2020 12:56:38 +0530 Sat, 25 Apr 2020 12:56:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22782 Council members agreed pre March GDP projections must be revised downwards, recovery will be gradual and uneven across States, and the pandemic poses significant uncertainty for public finances requiring a nuanced fiscal response focused on design. Priority measures include targeted support for cash starved small enterprises, preventing distress in non banking financial companies (including partial loan guarantees and RBI led capitalization of financial institutions), monitoring Central and State finances with short term cash management options, planning financing for additional deficits, and ensuring States have timely access to funds. News - Sat, 25 Apr 2020 12:56:38 +0530 https://www.taxtmi.com/news?id=22782