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Govt to roll out stimulus packages in a calibrated manner: Sanjeev Sanyal

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Sanyal said that the finance ministry’s first approach was to postpone year-end compliance and regulatory deadlines and make sure that the poor get food and some cash in hand New Delhi: The government will roll out relief measures in a calibrated manner to support businesses hit by Covid-19-induced lockdown, rather than in one big bang stimulus, an approach that has been followed by other nations, finance ministry’s principal economic adviser Sanjeev Sanyal said on Wednesday. “We understand the gravity of the situation, but unlike other countries that have done one grand package, we are (in the process) of rolling them out.

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