Let's take a Deep Dive With AKB to understand how has the government's response to the crisis been so far and what will be the impact on its finances
The Indian economy was already bearing the brunt of a global slowdown and the Narendra Modi-led central government's finances were under stress since at least the first quarter of FY19. Now, the coronavirus crisis has forced the government to impose a nationwide lockdown and economic activity in the country has nearly come to a halt.
The government also had to offer a relief package to help individuals and the economy. How has the government's response to the crisis been so far? And what will be the impact on its finances?
Let's take a Deep Dive With AKB to understand.