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LATEST NEWS UPDATES | Centre rolls out ₹1.19 lakh-crore stimulus package

Centre rolls out ₹1.19 lakh-crore stimulus package

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published Published on Nov 12, 2020   modified Modified on Nov 13, 2020

-The Hindu

Atma Nirbhar Bharat Abhiyan 3.0 includes scheme to incentivise new recruitment.

Finance Minister Nirmala Sitharaman on Thursday announced a fresh set of relief and stimulus measures for the economy worth 1.19 lakh crore, including a scheme to boost re-employment chances of formal sector employees who lost their jobs amidst the COVID-19 pandemic.

The measures, announced a day after the Reserve Bank of India (RBI) said the country had entered into a technical recession in the first half of 2020-21, include a 65,000 crore additional outlay for providing fertiliser subsidies to farmers.

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The Hindu, 12 November, 2020, https://www.thehindu.com/business/Economy/finance-minister-nirmala-sitharaman-rolls-out-fresh-119-lakh-crore-stimulus-package/article33087414.ece?homepage=true


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