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India pivots to top ESG nation of the world through Budget 2021


India pivots to top ESG nation of the world through Budget 2021
Gateway of India
BL Soni
The V shaped recovery is fed by an initial severe lockdown, in kind relief, financial and legal forbearance and some cash in the hands of the poorest. This was followed by calibrated opening up. These actions extended the fiscal, caused a current account surplus, led to FDI and FPI flows and an unprecedented Foreign currency reserve of USD 586 billion. Clearly, astute reforms and simultaneous supply and demand side actions are in place. Investment in Health, Education, Innovation, infrastructure, and Digitisation and a recapitalisation of the Banks were all signalled. ....

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