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In The Media

- 14, Oct 2020

Govt suggests more boosters on the anvil for the economy

Divakar Vijayasarathy, founder and managing partner at consulting firm DVS Advisors LLP, said: “The contraction of GDP of the first quarter and the RBI’s estimate of real GDP shrinking by 9.5% has definitely made the government ponder and it has...

- 13, Oct 2020

LTC cash voucher scheme for employees: How will it work? Should you opt for it?

In the wake of coronavirus pandemic, people are avoiding travel. "Considering this peculiar scenario and due to the need to boost demand, the government has introduced new LTC voucher scheme wherein the Central government and its PSUs shall pay to...

- 14, Oct 2020

Stimulus Package, With Conditions Apply

According to Divakar Vijayasarathy, Founder and Managing Partner, DVS Advisors, since the announcements came with a "conditions apply" tag, it may dampen the spirit.

- 15, Oct 2020

GST compensation: Centre to borrow ₹1.1 lakh crore to meet shortfall

"The Centre has sticked to its ground and borrowing in its name is only for operational convenience and it should not be construed as the Centre yielding to the states," Divakar Vijayasarathy, Founder and Managing Partner, DVS Advisors LLP said.

- 15, Oct 2020

Centre to borrow Rs 1.1 lakh crore to make up for states’ GST shortfall: Finance Ministry

Clarifying the rationale behind the Centre’s borrowing, another officer said, “When states borrow directly from RBI, interest rates will depend on their ratings. When the Centre borrows and passes on to states, the rate of interest will be same for...

- 15, Oct 2020

GST shortfall: Centre to borrow ₹1.1-lakh cr and on-lend to States

Divakar Vijayasarathy, Founder and Managing Partner, DVS Advisors LLP, said the Centre borrowing ₹1.1-lakh crore should not be interpreted as the government yielding to the requests of the States. What is raised by the Centre “would be passed on to the...

- 16, Oct 2020

Centre softens stand, to borrow for states

“The loan to be borrowed by the central government would be passed on to the states as back-to-back loans and, hence, would not have any impact on the central government’s fiscal deficit. This would still stand as the liability of...

- 12, Oct 2020

Nirmala Sitharaman Highlights: FM announces LTC cash voucher scheme, special festive advance to boost GDP

The festival advance with only a single condition of digital spending which is implemented through a rupay prepaid card, without any other frills, is definitely a welcome one and is expected to be well received by the salaried class. However,...

- 11, Oct 2020

Why Covid-19 is increasing the wealth of some of India’s richest people

“The pandemic has brought to the fore once again the disparity between the rich and the mid-income and poor people,” says Divakar Vijayasarathy, founder and managing partner at DVS Advisors, a professional services firm.

- 11, Oct 2020

Longer break may hit credit discipline: RBI to Supreme Court

The central bank’s affidavit explained that by a September 7 notification, it had laid down the thresholds for the 26 sectors based on Kamath Committee recommendations. This specifically addressed the issues concerning power and real estate. The affidavit stated that...

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