RBI has announced a relief packageWhat does it mean for the economy?
You might have read a story in your childhood about 2 trees which faced a thunderstorm at the same time. One of them which had a nice built, stayed upright in pride while the other one was a bit flexible and started bending with the wind. The proud tree which was upright looked at the other one and laughed. It said “you’re dancing with the wind. Look at me, I’m strong and the strong wind can’t even move me.” The intensity of the wind increased and increased further. Slowly this tree started feeling the force and losing its balance. The other tree on the other hand kept dancing with the wind and stood its ground. Finally, when the thunderstorm’s intensity reached its peak, the stronger tree got uprooted. While, the flexible tree was still alive. With the relief package declared by RBI, our economy is probably showing the required flexibility to tackle the thunderstorm of Coronavirus.
about 3 days ago