Primus in News

NREGA outlay, cap on state borrowing hiked in fifth round

NREGA outlay, cap on state borrowing hiked in fifth round

May 18, 2020

Nilaya Varma, co-founder and CEO of consultancy firm Primus Partners, said, “Through these measures, the government attempts to unlock the potential of India by removing key bottlenecks. It also attempts to protect the most vulnerable through direct cash transfer and food security. Successful and early implementation of proposed reforms in agriculture, MSMEs [micro, small and medium enterprises], defence and PSEs [public sector enterprises] can pave the way for Make in India.”

Publication: Hindustan Times

Fiscal cost of package Rs 1.5L-crore to Rs 4L-crore

Fiscal cost of package Rs 1.5L-crore to Rs 4L-crore

May 17, 2020

Nilaya Varma, co-founder and CEO of consultancy firm Primus Partners said exact calculation of cash component is difficult. “Definition of cash component is an issue. Will it include DBT [direct benefit transfer] only, or also monetary value of grains or also the money that the government will transfer to institutions to leverage? If we include all the above it can be in the range of 30-40%,” he said….

Publication: Hindustan Times

Stimulus may offer cash aid to poor, credit for industry

Stimulus may offer cash aid to poor, credit for industry

May 13, 2020

“The announcement [by PM] beats most optimistic estimates. Reflects the seriousness of the challenge and resolve of the government to make the crisis an opportunity for India,” said Nilaya Varma, co-founder and CEO of consulting firm Primus Partners.

Publication: Hindustan Times

View: Fiscal stimulus — balancing the present with the future

View: Fiscal stimulus – balancing the present with the future

May 12, 2020

It is time the govt recognised the trade-off between political populism and economic development, to arrive at targeted interventions for the needy and for spurring the economy. To upgrade to the next level, India would require spending on capital projects, a robust benefits-management mechanism, and a check on unlimited spending by states.

Publication: The Economic Times

BW Business World: The War Wages On

BW Business World: The War Wages On

May 05, 2020

BW Businessworld and Primus Partners have designed a 3-R framework, which analyses select Indian states based on their – Restraint (measures to slow down the spread of infection); Response (measures to protect infected people, their contacts and frontline workers) and Recover (measures to get industry and society prepared for the post-lockdown and post-Covid-19 era).

Publication: BW Business World