May.14 — Garima Kapoor, economist at Elara Capital, talks about the Indian government’s efforts to support the economy amid the coronavirus outbreak. The government offered $62 billion in credit lines to small firms and the shadow banks that fund them, and another $10 billion to the electricity distributors as it gears to restart the economy cratered by the pandemic. Kapoor speaks on “Bloomberg Markets: Asia.”
In This Story: India
It has an exceptionally diverse population, with Hindus, Muslims, Christians, Sikhs, Buddhists, Jains and other religions speaking over 21 recognised languages.