#CNBCTV18Exclusive | Chief Economic Adviser KV Subramanian (@SubramanianKri): There is ample space for us to look at how the second wave impact is panning out.
We remain absolutely ready to come up with more measures if necessary, he adds later.
#CNBCTV18Exclusive | Speaking to stakeholders, we will be ready to come up with more measures; Direct Benefit Transfers have been given in the past and we will look at these again says KV Subramanian.
#CNBCTV18Exclusive | @SubramanianKri says, vaccination programme important for the trade, transport, hotel sectors to pick up; Temporary help may be useful and is being thought about w.r.t travel, hotels sectors.
#CNBCTV18Exclusive | Chief Economic Adviser K V Subramanian: GST numbers have been picking up; tax collection has been higher than revised estimates.
Tax buoyancy has been pretty okay in current environment, he adds.
#CNBCTV18Exclusive | Budget incorporated taxes, increase in expenditure to come up with fiscal projections; We should be looking at overall trends rather than reacting to a month or two's data, says K V Subramanian.
#CNBCTV18Exclusive | From a policy perspective, privatisation of PSBs, insurance co is important and must be followed up, says K V Subramanian.
Role of fiscal policy has become significantly more important post-COVID across the world, he adds.
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