Chennai: A high-profile committee led by former Reserve Bank of India Governor C Rangarajan, which was appointed by the Tamilnadu government to go into the impact of the Covid-19 pandemic on various sectors of the State’s economy, will submit its report to Chief Minister Edappadi K Palaniswami soon.
According to sources, the committee, after carefully considering so many aspects, has finalised its findings and recommendations and will submit its report to the Chief Minister in a few days.
Besides suggesting immediate and medium-term steps to be taken by the government to tide over the impacts of the pandemic, the panel will also suggest measures to improve the tax-GSDP (Gross State Domestic Product) ratio, sources added.
The Terms of Reference of the Committee included, assessing the overall immediate and medium term impact of the Covid-19 pandemic on different sectors of Tamilnadu’s economy, including the impact of the lockdown, additional costs and implications due to social distancing and other precautionary measures, besides assessing the short and medium term opportunities and threats.