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India announced triumph over Covid-19 early: Uday Kotak

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₹1 lakh crore of bonds in FY22 as a measure in the same direction.Generally, such expansion of the balance sheet has an impact in terms of inflation, which continues to be higher than the 4 per cent target given to the central bank.In support of his suggestion, Kotak said the first principle rules of economics will have to be kept aside in order to protect the economy."The people balance sheets should matter more than the financial balance sheets," he asserted.

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