Mumbai (Maharashtra) [India], March 12 (ANI/PNN): Although it took a while, hopefully now Governments and Businesses around the world have come to realize that the coronavirus is not the same as the recession in 2008.
While both significantly impacted the global economy, the drivers propelling the market crisis during Covid-19 are very different from what caused the recession in 2008.
As India and the world heads into a phase where the crisis wanes, policymakers have to increase the focus on the economic rebound for their respective countries. Tax policies are likely to play a significant role as the country steers its economy towards gradual recovery.
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