After announcing several relief measures in his previous address recently, to counter the economic slowdown, these new measures announced today will definitely bring adequate liquidity in system, facilitate bank credit flow, ease financial stress & help India emerge as a leader in a post COVID-19 world. Also the IMF projection of India to post sharp turnaround in 2021-22 is a promising indication for the economy to bounce back in the near future. Relaxations for real estate is also important as the sector employs a large number of people. These are certainly very good announcements particularly on the liquidity front and today's announcements will ensure that even the smaller players will also get access to liquidity.
Mr. Lincoln Bennet Rodrigues, Founder and Chairman, Bennet & Bernard Group
