Tag: Economy

Economy headed for contraction, less fiscal space for big stimulus

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Written by P Vaidyanathan Iyer | New Delhi | Updated: April 22, 2020 7:09:15 am Construction work begins in MohaliAs the Centre and states jostle over and grapple with strategies for a staggered exit from the lockdown, the country seems — for the first time in 40 years — headed for an economic contraction in…