PM Modi announces ₹20 trillion stimulus package to restart economy2 min read . Updated: 12 May 2020, 08:57 PM IST
- The economic relief package that comprises of around 10% of India’s GDP will focus on land, labour, liquidity and laws and includes the monetary easing announced by RBI
- This comes in the backdrop of the growing demand by the states of a fiscal stimulus package from the Centre
New Delhi: Prime Minister Narendra Modi on Tuesday announced the long-awaited stimulus package of Rs20 trillion for businesses and workers to soften the devastating blow from the coronavirus lockdown that has pushed many companies to the brink of bankruptcy with revenues and cash flows disappearing overnight.
Select your Category