Coronavirus Economic Package
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Government Offers Soft Loans, Tax Concessions To Rescue Economy
The broader spending plan includes measures already unveiled by the government and also by the central bank such as provision for cheap cash to banks and the reduction in its cash reserve ratio.
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Nirmala Sitharaman Details First Set Of Moves Under "Atma Nirbhar Bharat" Package: 10 Points
Finance Minister Nirmala Sitharaman unveiled the first set of measures under the government's "Atma Nirbhar Bharat" economic package on Wednesday to support workers and businesses struck by the nationwide lockdown to curb the coronavirus pandemic. "Essentially this is to spur growth and to build a very self-reliant India," Nirmala Sitharaman said, ...
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34 Days After First Economic Package, India Waits For Much-Needed Aid
Faced with a weakening economy before the virus outbreak, Finance Minister Nirmala Sitharaman widened the fiscal deficit target for this year to 3.5 per cent of GDP.
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Industry Body FICCI Warns Of Massive Job Losses, Calls For Package Worth 4-5% Of GDP
Industry body FICCI urged the government to roll out a stimulus package of Rs 9-10 lakh crore.
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How 10% Of GDP Package Breaks Up: Additional Is Rs 13.5 Lakh Crore
Governments and central banks around the world have unleashed unprecedented amounts of fiscal and monetary support for economies that are reeling from the pandemic.
-
Government To Privatise State-Run Firms, Suspend New Insolvencies Amid COVID-19 Crisis
The government has been trying to divest parts of state-run companies in sectors ranging from aviation to power to fill its coffers, but it has confronted weak investor sentiment and limited demand.
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RBI May Need To Aggressively Cut Rates Alongside Fiscal Stimulus: Economists
The government's Rs 20 lakh crore economic rescue package outlined last week rests largely on boosting company credit for MSMEs.
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Government Readying Economic Package, Says Finance Minister
The government may come up with an economic package to prevent the COVID-19 pandemic from causing major harm to the economy. Finance minister Nirmala Sitharaman said as a first step they were addressing the compliance related issues and an economic package covering issues of concern to the industry would be announced separately later.
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Will Ask States To Use Rs 31,000 Crore Fund For Building Workers, Says Centre
Union Finance Minister Nirmala Sitharaman on Thursday said that the Centre will direct state governments to utilise the construction workers' welfare fund to support these workers against economic disruption due to the 21-day lockdown in the wake of the coronavirus crisis.
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RBI May Need To Aggressively Cut Rates Alongside Fiscal Stimulus: Economists
The government's Rs 20 lakh crore economic rescue package outlined last week rests largely on boosting company credit for MSMEs.
-
Government To Privatise State-Run Firms, Suspend New Insolvencies Amid COVID-19 Crisis
The government has been trying to divest parts of state-run companies in sectors ranging from aviation to power to fill its coffers, but it has confronted weak investor sentiment and limited demand.
-
20-Lakh Crore Package Revealed In Full. The Core Is Hollow
On a day when 26 migrants were killed and more than 30 injured in truck accidents on their painful journey home, India's Finance Minister was talking about opening up space exploration and travel to the private sector. This is not just bizarre, it shows the utter contempt of the ruling regime for the pain and suffering of crores of Indian citizens ...
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Public Sector Units Open To Private Players, Government To Stay In Key Areas
The government will privatise state-run enterprises in non-strategic sectors and allow private companies to invest in all areas, Finance Minister Nirmala Sitharaman announced on Sunday as part of the centre's COVID-19 economic stimulus programme.
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What 20 Lakh Crore Package Doesn't Accomplish - By Yashwant Sinha
The budget presented on February 1 is in tatters; neither the receipt figures nor the expenditure figures have any relevance any more. What the Finance Minister has been doing over the last few days is to serially present a new budget. The time has come to formalise it and take the first opportunity to present a new budget.
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PM Should Reconsider Economic Package, Give Money To Poor: Rahul Gandhi
Congress MP Rahul Gandhi today warned the government of a "catastrophic problem" if it did not put money into the bank accounts of people worst affected by the coronavirus outbreak and lockdown
-
Government Offers Soft Loans, Tax Concessions To Rescue Economy
The broader spending plan includes measures already unveiled by the government and also by the central bank such as provision for cheap cash to banks and the reduction in its cash reserve ratio.
-
Nirmala Sitharaman Details First Set Of Moves Under "Atma Nirbhar Bharat" Package: 10 Points
Finance Minister Nirmala Sitharaman unveiled the first set of measures under the government's "Atma Nirbhar Bharat" economic package on Wednesday to support workers and businesses struck by the nationwide lockdown to curb the coronavirus pandemic. "Essentially this is to spur growth and to build a very self-reliant India," Nirmala Sitharaman said, ...
-
34 Days After First Economic Package, India Waits For Much-Needed Aid
Faced with a weakening economy before the virus outbreak, Finance Minister Nirmala Sitharaman widened the fiscal deficit target for this year to 3.5 per cent of GDP.
-
Industry Body FICCI Warns Of Massive Job Losses, Calls For Package Worth 4-5% Of GDP
Industry body FICCI urged the government to roll out a stimulus package of Rs 9-10 lakh crore.
-
How 10% Of GDP Package Breaks Up: Additional Is Rs 13.5 Lakh Crore
Governments and central banks around the world have unleashed unprecedented amounts of fiscal and monetary support for economies that are reeling from the pandemic.
-
Government To Privatise State-Run Firms, Suspend New Insolvencies Amid COVID-19 Crisis
The government has been trying to divest parts of state-run companies in sectors ranging from aviation to power to fill its coffers, but it has confronted weak investor sentiment and limited demand.
-
RBI May Need To Aggressively Cut Rates Alongside Fiscal Stimulus: Economists
The government's Rs 20 lakh crore economic rescue package outlined last week rests largely on boosting company credit for MSMEs.
-
Government Readying Economic Package, Says Finance Minister
The government may come up with an economic package to prevent the COVID-19 pandemic from causing major harm to the economy. Finance minister Nirmala Sitharaman said as a first step they were addressing the compliance related issues and an economic package covering issues of concern to the industry would be announced separately later.
-
Will Ask States To Use Rs 31,000 Crore Fund For Building Workers, Says Centre
Union Finance Minister Nirmala Sitharaman on Thursday said that the Centre will direct state governments to utilise the construction workers' welfare fund to support these workers against economic disruption due to the 21-day lockdown in the wake of the coronavirus crisis.
-
RBI May Need To Aggressively Cut Rates Alongside Fiscal Stimulus: Economists
The government's Rs 20 lakh crore economic rescue package outlined last week rests largely on boosting company credit for MSMEs.
-
Government To Privatise State-Run Firms, Suspend New Insolvencies Amid COVID-19 Crisis
The government has been trying to divest parts of state-run companies in sectors ranging from aviation to power to fill its coffers, but it has confronted weak investor sentiment and limited demand.
-
20-Lakh Crore Package Revealed In Full. The Core Is Hollow
On a day when 26 migrants were killed and more than 30 injured in truck accidents on their painful journey home, India's Finance Minister was talking about opening up space exploration and travel to the private sector. This is not just bizarre, it shows the utter contempt of the ruling regime for the pain and suffering of crores of Indian citizens ...
-
Public Sector Units Open To Private Players, Government To Stay In Key Areas
The government will privatise state-run enterprises in non-strategic sectors and allow private companies to invest in all areas, Finance Minister Nirmala Sitharaman announced on Sunday as part of the centre's COVID-19 economic stimulus programme.
-
What 20 Lakh Crore Package Doesn't Accomplish - By Yashwant Sinha
The budget presented on February 1 is in tatters; neither the receipt figures nor the expenditure figures have any relevance any more. What the Finance Minister has been doing over the last few days is to serially present a new budget. The time has come to formalise it and take the first opportunity to present a new budget.
-
PM Should Reconsider Economic Package, Give Money To Poor: Rahul Gandhi
Congress MP Rahul Gandhi today warned the government of a "catastrophic problem" if it did not put money into the bank accounts of people worst affected by the coronavirus outbreak and lockdown
