Stimulus Package Latest News India

In a big push to revive the economy prime minister narendra modi on tuesday announced a rs 20 lakh crore package which combined the government s recent announcements on.

Stimulus package latest news india. India is planning to announce a fresh round of stimulus totalling about 20 billion this week to help pull the economy out of its historic contraction government officials said on wednesday. Additional support for small businesses states and local governments. Chief economic adviser krishnamurthy subramanian is optimistic that the indian economy will stage a better recovery once the covid outbreak subsides up next stimulus must be.

New delhi may 12. Increased funding for vaccinations. More aid for the unemployed the hungry and those facing eviction.

The mega rs 20 lakh crore stimulus package announced on tuesday by prime minister narendra modi includes previously announced measures to save the lockdown battered economy and focuses on tax. Second india stimulus package to be worth about 13 billion. Report the new package aimed at msmes could include increases in the limits of bank loans for working capital needs hiking threshold.

Finance minister nirmala sitharaman on thursday announced as many as 12 new measures under the new aatmanirbhar bharat 3 0 stimulus package worth rs 2 65 lakh crore to boost the indian economy amid the ongoing covid 19 pandemic. She initially began by speaking about the current state of the economy.