Five key policy recommendations from ET's Back to Business webinar

New Delhi: Credible information and objective analysis backed by a strong editorial position that locked down India must return to business - that’s what distinguishes the initiative 'Back to Business: Revival After Lockdown' launched by India’s largest business newspaper, The Economic Times.

The first of a series of webinars on this theme was on April 16, with a panel of ET editors. 'Strategies for Unlocking India', the specific discussion point of the webinar attracted scores of questions from attendees. The nearly one hour discussion saw five key points emerge, each of them a sharp policy recommendation aimed at economic and business revival.

1.The government should make a special Covid-19 budget and finance the spending via RBI buying govt bonds and through sovereign and quasi sovereign borrowing overseas


2. RBI should buy NBFC bonds

3. RBI should start a big programme of buying corporate bonds

4. There should be a time-bound UBI scheme for the urban poor

5. District magistrates and state governments should be incentivised not just on infection containment but also economic reopening

For much more on ET’s Back to Business editorial initiative please visit, https://economictimes.indiatimes. com/backtobiz. And we will soon announce our next webinar, which will again tackle questions that are the most important in these tough times.