The package is completely aligned to self-professed agenda of the IMF of limiting fiscal spending, relying on liquidity and credit to households, privatising government-run companies and more deregulations for private enterprises. This agenda has brought immense grief to a large number of countries to be comforting

As orders are scrapped, supply chain is disrupted and global demand slumps, Indian exporters struggle to remain in business

India's stagnant manufacturing sector needs land, labour and supply chain reforms urgently. stimulus measures fall short of expectations

The creation of a bad bank in its present format can only provide a temporary reprieve, by enabling transfer of a large chunk of NPAs, to make the banks' balance sheet look better

If the banks pass on the benefit and slash the marginal cost of funds based lending rates (MCLR), it may have a direct impact on the amount of equated monthly installment (EMI) customers pay for their loans

The government has tried to keep deficit financing at minimum despite demand for higher stimulus from economists, states, opposition parties and global experts

The loan moratorium has now been extended till August 31 for 6 months

M&M (4.46%), Infosys (3.01%) and Asian Paints (2.72%) were top gainers on Sensex

Defensive sectors such as pharma and FMCG could currently offer good opportunities since these have been defying the coronavirus pandemic very well

While these measures will help reduce asset risks for the financial sector, they will not fully offset the negative impact from the coronavirus outbreak, says Moody's

\"In all, from the total Rs 20.9 lakh package, the immediate fiscal slippage for the Centre will be a modest 0.8 per cent of the GDP,\" DBS economist Radhika Rao said

The long-standing demands including reduction in license fee and other levies were not addressed in the Rs 20 lakh crore economic stimulus package, said COAI

India's fiscal deficit will rise from the targeted 3.5% to 6% of GDP in FY21. Barclays has pegged consolidated government deficit (Centre and State) at 12% of GDP, compared to 8% earlier, implying overall borrowing need of close to Rs 25 lakh crore

Corrective measures on the TDS and refunds front would bring relief to trade and industry while enhancing their competitiveness in the international market

Centre has announced a variety of steps for small businesses, street vendors, farmers and poor migrants, but they have largely been either credit guarantee schemes or new fund creations to be shouldered by banks and financial institutions

For a variety of reasons, around 30 per cent of agricultural households still find it easier to avail credit from non-institutional sources, despite significantly higher rates

Lower revenues and higher expenditure in the wake of COVID-19 pandemic will leave an overall fiscal deficit dent of Rs 16 lakh crore (8 per cent of revised estimates of GDP) in FY21, says SBI Ecowrap report

FM Nirmala Sitharaman Speech on Economic Package Live Updates: Free Food grain supply to migrants for 2 months; about 8 crores migrants to benefit from this; Rs 3,500 crore will be spent on this intervention for 2 months

Though Rs 90,000 crore stimulus to clear outstanding dues of independent power producers and generators is a positive step to ease liquidity pressure, appropriate structuring for bond issuance against guarantee will be critical to raise funds in current tight liquidity situation

Measures are more on the supply side and there is very little on the demand side; probably, future announcements may contain a more balanced coverage, said Joseph Thomas of Emkay Wealth Management