Tag Archives: stimulus package

NEW DELHI: The government is working on the next stimulus package to support the economy amid positive signs of a drop in Covid-19 cases, a senior Finance Ministry official said Wednesday. The government has received suggestions from various ministries and sectors on the necessary measures, Tarun Bajajsaid the secretary of …

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, …

Finance Minister Nirmala Sitharaman said on Monday that the government has not closed the option of a third stimulus package in the current financial year ending March 31, 2021, a week after announcing demand measures to boost the consumer spending and capital spending in the economy. “I have not closed …

Finance Minister Nirmala Sitharaman said on Monday that the government has not closed the option of another stimulus relief package to soften the devastating blow from the coronavirus pandemic in the country. “Now we have started to do some kind of assessment on the contraction of GDP, we have some …

India’s fight against the pandemic was more difficult because the country was already bearing the brunt of a prolonged slowdown. Nirmala Sitharaman LIVE: Finance Minister Nirmala Sitharaman announced today that government employees can take advantage of the cash voucher for LTC if they are unable to travel due to the …

[ad_1] By Mihir Sharma When PM Narendra Modi recently announced a stimulus package for India, said that it was for value of Rs. $ 20 billion — $265 million, equivalent to approximately 10% of the GDP of the country. This seemed to fit with the amounts that are spent by …

[ad_1] The government took into account the lessons of the 2008-13 period when designing its stimulus package of Rs 20 lakh crore, Finance Minister Nirmala Sitharaman told ET, explaining why it had avoided reckless spending to revive the economy. He was referring to the program implemented in the wake of …

[ad_1] After almost 50 days of one of the world’s strictest blockades to combat Covid-19, during which the Indian economy went into free fall, Prime Minister Narendra Modi announced an economic package that would put the country back on its feet and would make it self-sufficient. . To Modi’s most …

[ad_1] The government released Thursday a ₹2.3 trillion cheap farmer loan program to shore up the rural economy before the main summer crop planting season. He also announced a series of measures to ease the hardships of India’s urban poor who have suffered the most after the economy went dormant …

[ad_1] NEW DELHI: Nifty had a strong session on Wednesday following the government’s announcement of a stimulus package of Rs 20 lakh crore to revive the economy affected by the pandemic. But analysts said Nifty’s failure to maintain initial earnings may not be a good sign. “Technically, the bearish island …