Indias macroeconomic response to the Covid 19 pandemic was a one-of-a-kind exercise involving a $3 trillion+ economy. It was a seamless transition of a growth oriented economic policy into one that is sustaining. Indias combined fiscal and monetary response is estimated to be valued at 45.06 lac crores.
The purpose of this work is to assess this macroeconomic response and record the details of both the monetary and fiscal packages created to fight the pandemic.
The author believes that chronicling Indias macroeconomic response will be a great service to future generations, who would like to refer to the great planning, diligence and hard work that was involved in protecting India from not only an economic catastrophe but also an unprecedented humanitarian disaster.
Foreword
Chapter 1: Introduction
Chapter 2: A Run-up to Covid-19
Economy: Indias Evolving Macroeconomic Landscape in the Covid Year -- 2020 -
Chapter 3: Indias Fiscal Response to Covid-19
Chapter 4: Indias Monetary
Response to Covid-19
Chapter 5: Results of the Combined Macro Economic
Response
Chapter 6: Assessing the Global Response and Impact
Chapter 7:
An Assessment of Global Central Bank Balance Sheets
Chapter 8:
Recommendations & Learnings
Chapter 9: A Brief Discussions on Utilized
Mathematical Models
Chapter 10: Covid as a Human Tragedy: A Kaleidoscope
of Emotions of Covid Administrators (A Cross-Country Perspective)
Chapter
11: Conclusion
Chapter 12: Literature Review - Bibliography
Karan Mehrishi is an Indian economist, and financial journalist. He completed his graduate studies at Yale, Columbia, along with the House of Finance (Hof), Goethe University, Frankfurt, and specializes in monetary economics. In 2013, Karan Mehrishi was adjudged a Prize Finalist for the IE Business School Prize for Economics Journalism in Asia.
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