A Good Agenda For Economic Revival

The Maharashtra government’s initiative to revive the economy is likely to bear fruit after much discussions and deliberations on the subject. It had formed a committee of 11 bureaucrats to suggest measures to revive the economy in the Covid-19 pandemic time. The committee submitted its report on May 8 to a Cabinet sub-committee headed by finance minister Ajit Pawar. The sub-committee too has recommended several measures after discussing the report. Now, the Cabinet is likely to take a final call on the recommendations in its next meeting soon.

- Kiran D Tare

A senior minister, who is a member of the sub-committee, told MAIL TODAY that it has recommended writing off EMIs and interests on all kinds of loans for three months. The committee also has recommended that the migrant labourers be allowed to go back to their home states to reduce the state’s financial burden on their shelter and food.