India Stimulus Package
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Finance Minister Delivered Nothing But Headlines: Congress On Stimulus Package
The Congress on Monday claimed the measures announced by Finance Minister Nirmala Sitharaman deliver nothing but headlines and said the government should take steps to spur demand to revive the economy "which continues to be in the doldrums".
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Court Asks Centre, Tamil Nadu To Consider Plea On Economic Stimulus Package
The Madras High Court on Tuesday directed the Centre and Tamil Nadu government to consider a plea to provide economic stimulus packages for employees of private and unorganised sectors who have lost their jobs due to the COVID-19 lockdown.
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Government Working On Another Stimulus Package, Top Official Hints
Finance secretary Ajay Bhushan Pandey on Sunday hinted that the government is working on another stimulus package but he refrained from giving a timeframe.
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'Centre's Stimulus Attempt To Dazzle People With Numbers': P Chidambaram
Senior Congress leader P Chidambaram said on Tuesday that the government's latest financial package will not stimulate demand and termed it another "sly attempt" to dazzle people with exaggerated numbers.
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"Mere Announcements": Congress On Finance Minister's Stimulus Package
The Congress on Monday said the government's measures of providing LTC benefits and a festival advance to its employees are mere announcements and a fraud with people to make headlines that would not help boost demand in the economy.
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"Our COVID Package As Large As Pak's GDP": India On Imran Khan's Help Offer
In a sharp retort to Pakistan Prime Minister Imran Khan's offer to share experience of his government's cash transfer scheme, India on Thursday reminded him that the size of its economic stimulus package to deal with the coronavirus pandemic is as large as Pakistan's GDP.
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PM Modi's "Vocal For Local" Call Another "Jumla": Congress
The Congress on Friday said Prime Minister Narendra Modi's "vocal for local" call and the economic stimulus package aimed at making the country self-reliant is yet another 'jumla' to divert the attention of the people from the "real issues".
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Opinion: No, India Doesn't Need A Bigger Stimulus
When Prime Minister Narendra Modi recently announced a stimulus package for India, he said it was worth Rs. 20 trillion - $265 billion, equivalent to about 10% of the country's GDP. This seemed to fit in with the amounts being spent by some rich OECD economies to deal with the fallout from the Covid-19 pandemic. Equity markets exulted.
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"Multiplier Effect": Nirmala Sitharaman On Stimulus Package
Finance Minister Nirmala Sitharaman said the Rs 20 lakh crore package announced by Prime Minister Narendra Modi to help the economy recover from the shocks linked to the coronavirus pandemic will have a "multiplier effect".
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FMSCI Announces Stimulus Package For Indian Motorsports
With the Indian motorsport championships and events indefinitely postponed due to the Coronavirus pandemic, the Federation of Motor Sports Clubs of India (FMSCI), the National Sports Federation, has announced a stimulus package for 2020 to support the Indian motorsport fraternity. The new initiatives are aimed to encourage the resumption of grassro...
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"Holding A Knife To Our Neck": KCR Disses Centre's Coronavirus Package
Telangana Chief Minister K Chandrashekar Rao was scathing in his critique of the centre's economic stimulus plan in response to the COVID-19 crisis on Monday, accusing it of "blackmailing" state governments and "holding a knife to our neck".
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Centre's Economic Package A "Jugglery Of Numbers": Left Parties
Left parties on Sunday described the government's economic package as "misleading" and a "jugglery of numbers", hours after Finance Minister Nirmala Sitharaman announced the fifth and final tranche of the economic stimulus package.
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Fifth Tranche Of Economic Package Will Revitalise Village Economy: PM Modi
The fifth and last tranche of economic stimulus announced by the government on Sunday will boost entrepreneurship, help public sector units and revitalise the village economy, Prime Minister Narendra Modi has said.
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"Walk The Talk": Congress Says PM's Package Only 1.6% Of GDP
The centre's coronavirus stimulus package amounts to Rs 3.22 lakhs which is 1.6 per cent of the country's gross domestic product, not Rs 20 lakh crore announced by Prime Minister Narendra Modi, the Congress said on Sunday, after Finance Minister Nirmala Sitharaman unveiled the last tranche.
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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.
-
Finance Minister Delivered Nothing But Headlines: Congress On Stimulus Package
The Congress on Monday claimed the measures announced by Finance Minister Nirmala Sitharaman deliver nothing but headlines and said the government should take steps to spur demand to revive the economy "which continues to be in the doldrums".
-
Court Asks Centre, Tamil Nadu To Consider Plea On Economic Stimulus Package
The Madras High Court on Tuesday directed the Centre and Tamil Nadu government to consider a plea to provide economic stimulus packages for employees of private and unorganised sectors who have lost their jobs due to the COVID-19 lockdown.
-
Government Working On Another Stimulus Package, Top Official Hints
Finance secretary Ajay Bhushan Pandey on Sunday hinted that the government is working on another stimulus package but he refrained from giving a timeframe.
-
'Centre's Stimulus Attempt To Dazzle People With Numbers': P Chidambaram
Senior Congress leader P Chidambaram said on Tuesday that the government's latest financial package will not stimulate demand and termed it another "sly attempt" to dazzle people with exaggerated numbers.
-
"Mere Announcements": Congress On Finance Minister's Stimulus Package
The Congress on Monday said the government's measures of providing LTC benefits and a festival advance to its employees are mere announcements and a fraud with people to make headlines that would not help boost demand in the economy.
-
"Our COVID Package As Large As Pak's GDP": India On Imran Khan's Help Offer
In a sharp retort to Pakistan Prime Minister Imran Khan's offer to share experience of his government's cash transfer scheme, India on Thursday reminded him that the size of its economic stimulus package to deal with the coronavirus pandemic is as large as Pakistan's GDP.
-
PM Modi's "Vocal For Local" Call Another "Jumla": Congress
The Congress on Friday said Prime Minister Narendra Modi's "vocal for local" call and the economic stimulus package aimed at making the country self-reliant is yet another 'jumla' to divert the attention of the people from the "real issues".
-
Opinion: No, India Doesn't Need A Bigger Stimulus
When Prime Minister Narendra Modi recently announced a stimulus package for India, he said it was worth Rs. 20 trillion - $265 billion, equivalent to about 10% of the country's GDP. This seemed to fit in with the amounts being spent by some rich OECD economies to deal with the fallout from the Covid-19 pandemic. Equity markets exulted.
-
"Multiplier Effect": Nirmala Sitharaman On Stimulus Package
Finance Minister Nirmala Sitharaman said the Rs 20 lakh crore package announced by Prime Minister Narendra Modi to help the economy recover from the shocks linked to the coronavirus pandemic will have a "multiplier effect".
-
FMSCI Announces Stimulus Package For Indian Motorsports
With the Indian motorsport championships and events indefinitely postponed due to the Coronavirus pandemic, the Federation of Motor Sports Clubs of India (FMSCI), the National Sports Federation, has announced a stimulus package for 2020 to support the Indian motorsport fraternity. The new initiatives are aimed to encourage the resumption of grassro...
-
"Holding A Knife To Our Neck": KCR Disses Centre's Coronavirus Package
Telangana Chief Minister K Chandrashekar Rao was scathing in his critique of the centre's economic stimulus plan in response to the COVID-19 crisis on Monday, accusing it of "blackmailing" state governments and "holding a knife to our neck".
-
Centre's Economic Package A "Jugglery Of Numbers": Left Parties
Left parties on Sunday described the government's economic package as "misleading" and a "jugglery of numbers", hours after Finance Minister Nirmala Sitharaman announced the fifth and final tranche of the economic stimulus package.
-
Fifth Tranche Of Economic Package Will Revitalise Village Economy: PM Modi
The fifth and last tranche of economic stimulus announced by the government on Sunday will boost entrepreneurship, help public sector units and revitalise the village economy, Prime Minister Narendra Modi has said.
-
"Walk The Talk": Congress Says PM's Package Only 1.6% Of GDP
The centre's coronavirus stimulus package amounts to Rs 3.22 lakhs which is 1.6 per cent of the country's gross domestic product, not Rs 20 lakh crore announced by Prime Minister Narendra Modi, the Congress said on Sunday, after Finance Minister Nirmala Sitharaman unveiled the last tranche.
-
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.
