The government has not closed the option of a third stimulus package this financial year, Finance Minister Nirmala Sitharaman said on Monday, a week after announcing measures to boost consumer spending and capital spending. “I have not closed the option of another stimulus package if it turns out to be, …
Read More »
The central government announced on Monday a ₹Demand for Rs 73 billion pushes the economy ahead of the holiday season, following the lead of the Reserve Bank of India (RBI), which tried to support an economic recovery in its October monetary policy. While measures to boost consumer spending, as well …
Read More »
NEW DELHI: The fiscal cost and impact on economic activity of measures unveiled by the government on Monday to stimulate consumer demand and capital spending appear to be “fairly modest” but may help build confidence in the short term, economists said. Finance Minister Nirmala Sitharaman announced on Monday measures to …
Read More »
The country’s GDP or gross domestic product contracted a record 23.9% in the April-June perio Finance Minister Nirmala Sitharaman announced on Monday two special plans for government personnel in a bid to boost consumer demand: a cash voucher related to the travel concession and an advance for the festival. The …
Read More »
Union Finance Minister Nirmala Sitharaman addressed a press conference on Monday ahead of the Goods and Services Tax (GST) Council meeting that she is scheduled to chair today at 4pm. Sitharaman announced proposals on consumer spending and capital spending. On consumer spending, he announced proposals in two components: the LTC …
Read More »