Opinion | A painkiller for businesses and individuals, not a fiscal stimulus package3 min read 14 May 2020, 01:23 AM IST
The real takeaway is govt has moved away from stifling binaries to find the right mix
Seventy-five days after the Union budget—during which the world we live in has changed unrecognizably—the Prime Minister announced a ₹20 trillion package. Coming after an expenditure budget of ₹30 trillion, it was obvious that what the PM announced would not be a “cash out" package. It would be a combination of facilitating infusion of money into the economy through a variety of measure such as repackaging existing allocations, policies and programmes to give a “fresh" stimulus package.