Posted by ks55 > 2020-04-28 13:50 | Report Abuse

Claim to be third largest economy of the world?
US$6.6 billion for population of 1.3 billion.
Every Indian can get US$5 'financial aid' equivalent to enable TARP Indian version via commercial banks?
I would rather believe RBI should put up 10% equivalent of its GDP or US$ 200 billion to be helpful.
FED can put up a US$ 2.7 trillion rescue package. Why RBI cannot even put up 10% of what FED is doing, but every now and then want to boast it is The Third Largest Economy after US and China?

Posted by Junichiro > 2020-04-28 14:50 | Report Abuse

They have a bigger problem. They will face water supply problem in 5 years time when their water underground runs dry.