Expect a stimulus, even at the cost of high fiscal deficit: Venu Srinivasan

The government has given loans and ensured that companies, SMEs in particular, dont sink due to the crisis

The government may bring in a package even at the cost of high fiscal deficit, to improve demand by boosting sentiment, apart from the monetary policy-driven announcement it has made now, said Venu Srinivasan, chairman, TVS Motor Company. 

He said it is time to quarantine those who are vulnerable and let the rest of the population get back to work. Speaking at a round table discussion organised by the Chennai International Centre (CIC) on ‘Reviving Tamil Nadu’s Economy – Strengthening Investments, Reforms & Stimulus,’ he said economic downturn is as much a psychological matter as it is an economic one.  China