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<p style="text-align:justify"><em>In mid-May, Sitharaman had announced five tranches of the AtmaNirbhar package, adding up to an economic package of Rs 20 lakh crore.</em></p>
<p style="text-align:justify">AFTER MORE THAN 100 days since Finance Minister Nirmala Sitharaman announced an economic package, six weeks after a series of meetings at the highest level underlined the need for a stimulus and official estimates indicating the worst-ever first quarter GDP contraction of 23.9 per cent, the government has finally identified the “non-salaried middle class and small businesses” as the target audience for a second round of stimulus.</p>
<p style="text-align:justify">In mid-May, Sitharaman had announced five tranches of the AtmaNirbhar package, adding up to an economic package of Rs 20 lakh crore. Much of it was liquidity support, with extra fiscal outgo by the Central government just a little over 1 per cent of GDP. While April-June GDP was expected to shrink, there are clear signals the second quarter, too, will contract, with July and August not showing any promise of big recovery.</p>
<p style="text-align:justify">With a more clearer picture now available, the government seems to have zeroed in on who needs financial support the most but is still debating its timing and mode of delivery. “This round of fiscal stimulus will be more for the group which is not completely poor and not rich. This in-between, the non-salaried middle class, it is the most affected. The timing of the rollout is crucial in getting the maximum benefit,” a senior government official told The Indian Express.</p>
<p style="text-align:justify">Please <a href="https://indianexpress.com/article/business/economy/india-gdp-economy-shrink-coronavirus-impact-economy-govt-stimulus-modi-govt-6585793/">click here</a> to read more.</p>
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LATEST NEWS UPDATES | 100 days and GDP shrink: Government works on a fresh stimulus -Aanchal Magazine and P Vaidyanathan Iyer </title>
<meta name="description" content="-The Indian Express
In mid-May, Sitharaman had announced five tranches of the AtmaNirbhar package, adding up to an economic package of Rs 20 lakh crore.
AFTER MORE THAN 100 days since Finance Minister Nirmala Sitharaman announced an economic package, six weeks after..."/>
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<meta property="og:description" content="-The Indian Express
In mid-May, Sitharaman had announced five tranches of the AtmaNirbhar package, adding up to an economic package of Rs 20 lakh crore.
AFTER MORE THAN 100 days since Finance Minister Nirmala Sitharaman announced an economic package, six weeks after..." />
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<br><small>September 7, 2020</small>
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In mid-May, Sitharaman had announced five tranches of the AtmaNirbhar package, adding up to an economic package of Rs 20 lakh crore.
AFTER MORE THAN 100 days since Finance Minister Nirmala Sitharaman announced an economic package, six weeks after a series of meetings at...</p>
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<br><small>September 6, 2020</small>
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The work eulogises a prominent leader of the 1921 Malabar Rebellion, Variyamkunnath Haji, who the Right wing describes as 'anti-Hindu'
Social media forwards of excerpts from a central government-published book eulogising a rebel against British rule who the Right wing describes as “anti-Hindu” has caused...</p>
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<br><small>September 6, 2020</small>
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The sharp downfall in the economic growth rate could be attributable to a lack of resilience of Indian economy. Only fiscal and...</p>
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<br><small>September 6, 2020</small>
<p style="padding-top: 6px;">-The Hindu
The historic Fundamental Rights case prevented the nation from slipping into a totalitarian regime
Kesavananda Bharati Swamiji, the sole unwitting petitioner in the historic Fundamental Rights case which prevented the nation from slipping into a totalitarian regime, died on Sunday. He was 80.
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<br><small>September 6, 2020</small>
<p style="padding-top: 6px;">-The Indian Express
The current situation stands in stark contrast to the one in 1991, when India had to pledge its gold reserves to stave off a major financial crisis. In March 1991, India had forex reserves of a mere $5.8 billion; today, the country can...</p>
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<br><small>September 7, 2020</small>
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In mid-May, Sitharaman had announced five tranches of the AtmaNirbhar package, adding up to an economic package of Rs 20 lakh crore.
AFTER MORE THAN 100 days since Finance Minister Nirmala Sitharaman announced an economic package, six weeks after a series of meetings at...</p>
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<br><small>September 6, 2020</small>
<p style="padding-top: 6px;">-The Telegraph
The work eulogises a prominent leader of the 1921 Malabar Rebellion, Variyamkunnath Haji, who the Right wing describes as 'anti-Hindu'
Social media forwards of excerpts from a central government-published book eulogising a rebel against British rule who the Right wing describes as “anti-Hindu” has caused...</p>
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<br><small>September 6, 2020</small>
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The sharp downfall in the economic growth rate could be attributable to a lack of resilience of Indian economy. Only fiscal and...</p>
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<br><small>September 6, 2020</small>
<p style="padding-top: 6px;">-The Hindu
The historic Fundamental Rights case prevented the nation from slipping into a totalitarian regime
Kesavananda Bharati Swamiji, the sole unwitting petitioner in the historic Fundamental Rights case which prevented the nation from slipping into a totalitarian regime, died on Sunday. He was 80.
Though the judgment...</p>
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<br><small>September 6, 2020</small>
<p style="padding-top: 6px;">-The Indian Express
The current situation stands in stark contrast to the one in 1991, when India had to pledge its gold reserves to stave off a major financial crisis. In March 1991, India had forex reserves of a mere $5.8 billion; today, the country can...</p>
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In mid-May, Sitharaman had announced five tranches of the AtmaNirbhar package, adding up to an economic package of Rs 20 lakh crore.
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<br><small>September 7, 2020</small>
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In mid-May, Sitharaman had announced five tranches of the AtmaNirbhar package, adding up to an economic package of Rs 20 lakh crore.
AFTER MORE THAN 100 days since Finance Minister Nirmala Sitharaman announced an economic package, six weeks after a series of meetings at...</p>
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<br><small>September 6, 2020</small>
<p style="padding-top: 6px;">-The Telegraph
The work eulogises a prominent leader of the 1921 Malabar Rebellion, Variyamkunnath Haji, who the Right wing describes as 'anti-Hindu'
Social media forwards of excerpts from a central government-published book eulogising a rebel against British rule who the Right wing describes as “anti-Hindu” has caused...</p>
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<br><small>September 6, 2020</small>
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The sharp downfall in the economic growth rate could be attributable to a lack of resilience of Indian economy. Only fiscal and...</p>
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<br><small>September 6, 2020</small>
<p style="padding-top: 6px;">-The Hindu
The historic Fundamental Rights case prevented the nation from slipping into a totalitarian regime
Kesavananda Bharati Swamiji, the sole unwitting petitioner in the historic Fundamental Rights case which prevented the nation from slipping into a totalitarian regime, died on Sunday. He was 80.
Though the judgment...</p>
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<br><small>September 6, 2020</small>
<p style="padding-top: 6px;">-The Indian Express
The current situation stands in stark contrast to the one in 1991, when India had to pledge its gold reserves to stave off a major financial crisis. In March 1991, India had forex reserves of a mere $5.8 billion; today, the country can...</p>
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LATEST NEWS UPDATES | 100 days and GDP shrink: Government works on a fresh stimulus -Aanchal Magazine and P Vaidyanathan Iyer
-The Indian Express
In mid-May, Sitharaman had announced five tranches of the AtmaNirbhar package, adding up to an economic package of Rs 20 lakh crore.
AFTER MORE THAN 100 days since Finance Minister Nirmala Sitharaman announced an economic package, six weeks after a series of meetings at...
-The Telegraph
The work eulogises a prominent leader of the 1921 Malabar Rebellion, Variyamkunnath Haji, who the Right wing describes as 'anti-Hindu'
Social media forwards of excerpts from a central government-published book eulogising a rebel against British rule who the Right wing describes as “anti-Hindu” has caused...
-The Hindu Business Line
The government, market and collectives should have worked in tandem to develop resilience of economic institutions during the slowdown in India
The sharp downfall in the economic growth rate could be attributable to a lack of resilience of Indian economy. Only fiscal and...
-The Hindu
The historic Fundamental Rights case prevented the nation from slipping into a totalitarian regime
Kesavananda Bharati Swamiji, the sole unwitting petitioner in the historic Fundamental Rights case which prevented the nation from slipping into a totalitarian regime, died on Sunday. He was 80.
Though the judgment...
-The Indian Express
The current situation stands in stark contrast to the one in 1991, when India had to pledge its gold reserves to stave off a major financial crisis. In March 1991, India had forex reserves of a mere $5.8 billion; today, the country can...
