Economic Package
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Government, RBI Stimulus Measures Amount To Rs 20.97 Lakh Crore: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman detailed the breakup of the Rs 20 lakh crore 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 Announces Fifth Set Of "Atma Nirbhar Bharat" Measures: Highlights
"Atma Nirbhar Bharat" Economic Package: Finance Minister Nirmala Sitharaman said the government will allocate an additional Rs 40,000 crore for the MGNREGS employment guarantee scheme.
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Highlights: Due Date For Income Tax Returns Extended To November 30
The coronavirus-triggered lockdown has pushed an already-ailing economy into a standstill, hampering businesses and landing thousands jobless.
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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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PM Modi Announces Economic Package Worth Rs 20 Lakh Crore Aimed At Self-Reliant India
The package will focus on land, labour, liquidity and law, PM Modi said.
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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.
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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.
-
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.
-
Government Provides Relief In Provident Fund Contribution, Withdrawal Norms
Briefing the media about the measures, Finance Minister Nirmala Sitharaman said that for the next three months, the government will pay EPF contribution for both the employer and employee. However, the benefit will only be extended to organisations employing up to 100 workers, 90 per cent of whom earn less than Rs 15,000 a month.
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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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No Need For State Economic Package: Uddhav Thackeray's Snub To BJP
Maharashtra Chief Minister Uddhav Thackeray on Sunday dismissed the opposition BJP's demand for a package from the state government to tide over the COVID-19 crisis, saying that previous such measures had failed to give any tangible benefits.
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Government, RBI Stimulus Measures Amount To Rs 20.97 Lakh Crore: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman detailed the breakup of the Rs 20 lakh crore economic package
-
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 Announces Fifth Set Of "Atma Nirbhar Bharat" Measures: Highlights
"Atma Nirbhar Bharat" Economic Package: Finance Minister Nirmala Sitharaman said the government will allocate an additional Rs 40,000 crore for the MGNREGS employment guarantee scheme.
-
Highlights: Due Date For Income Tax Returns Extended To November 30
The coronavirus-triggered lockdown has pushed an already-ailing economy into a standstill, hampering businesses and landing thousands jobless.
-
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.
-
PM Modi Announces Economic Package Worth Rs 20 Lakh Crore Aimed At Self-Reliant India
The package will focus on land, labour, liquidity and law, PM Modi said.
-
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.
-
Government Provides Relief In Provident Fund Contribution, Withdrawal Norms
Briefing the media about the measures, Finance Minister Nirmala Sitharaman said that for the next three months, the government will pay EPF contribution for both the employer and employee. However, the benefit will only be extended to organisations employing up to 100 workers, 90 per cent of whom earn less than Rs 15,000 a month.
-
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.
-
No Need For State Economic Package: Uddhav Thackeray's Snub To BJP
Maharashtra Chief Minister Uddhav Thackeray on Sunday dismissed the opposition BJP's demand for a package from the state government to tide over the COVID-19 crisis, saying that previous such measures had failed to give any tangible benefits.
