-The Hindu Business Line In a bid to curb the spread of Covid-19, Prime Minister Narendra Modi extended the ongoing lockdown till May 3. While the move was imperative to save lives, taking stock of the massive impact of the extended lockdown on jobs and livelihoods is equally critical. More importantly, the Centre will have to announce big bang fiscal measures soon, to address the fallout of the virus-induced lockdown that...
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Nirmala Sitharaman announces Rs. 1.70 lakh crore package for poor
-The Hindu Finance Minister Nirmala Sitharaman on Thursday announced a Rs. 1.70 lakh crore package which is likely to benefit 80 crore people. In her second media conference in a week, Ms. Sitharaman announced a slew of welfare decisions as the nation is under lockdown due to COVID-19 pandemic. Here are the highlights from her speech: * The Finance Minister announced ₹1.70 lakh crore package Pradhan Mantri Gareeb Kalyan Yojana, targetting 80 crore people. *...
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