NITI Aayog vice chairman Rajiv Kumar on Thursday made a strong case for extraordinary steps to deal with the unprecedented stress in the country’s financial sector, which is a key reason for the growth slowdown, but the government’s chief economic adviser (CEA) Krishnamurthy Subramanian said any bailout package will be a “moral hazard” and anathema to way a market economy works.

from Times of India https://timesofindia.indiatimes.com/business/india-business/niti-aayog-cea-differ-on-eco-revival-plan/articleshow/70796225.cms