While COVID-19 has caused considerable adversity, it has also created opportunities to not only rectify long-standing pain points but reimagine the business and policy landscape.
While COVID-19 has caused considerable adversity, it has also created opportunities to not only rectify long-standing pain points but reimagine the business and policy landscape. Even before the pandemic, several economies were struggling with issues of demand and liquidity. In India too, in the last few quarters of 2019 and much before the outbreak of pandemic, economic activity was faltering and sentiments were subdued.
The onset of the pandemic sent several economies into a tailspin and governments all over the world are scrambling to restart their economies, revive demand and infuse liquidity into financial systems. India also recently announced a significant stimulus package that should help reignite growth.
It has now become more important than ever to infuse liquidity into NBFCs and into the hands of retail investors. Another issue close to the heart of small and large investors is that of mutual funds (MFs), which give the common man an avenue to hedge against inflation and provide an alternative to direct investment in equities.
Source: Financial Express
