Union Budget 2021: Gita Gopinath bats for extending pandemic support

Ahead of India's annual budget presentation next week, IMF chief economist Gita Gopinath has favoured the extension of the pandemic support measures.

She has also pitched for thrust on investment in infrastructure and expanding health sectors programmes like Ayushman Bharat, and a very credible divestment path for commercially viable companies.

The Indian government has provided a lot of schemes for small and medium enterprises, most of which is in the form of liquidity support, Gopinath told PTI.

She added that it would be a good time for banks and Non-Banking Financial Companies to raise capital given the attractiveness of financing conditions at this point