Central Banks across the world have taken proactive steps to tackle the economic stress caused by Covid-19. These steps have included liquidity measures, lowering of interest rates, temporary relaxations in regulatory requirements for lending institutions. List of some important steps taken by central banks (till July 31st) of few major economies and India’s neighbours is presented below : Source: These steps have been compiled using data available on IMF’s website.
On 24th March, with the announcement of the twenty one day lockdown a large portion of the country came to a standstill. The subsequent lockdowns have allowed for partial movement and in turn economic activity to take place. We have presented below few high frequency mobility indicators to gauge, by what percentage has India come back on tracks… E-Way Bill Generation Data : A GST registered person cannot transport goods in a vehicle whose value exceeds Rs. 50,000 (Single Invoice/bill/delivery […]