₹1.5 lakh crore economic package: Report

Narendra Modi India Government

25.03.2020 - 14:35

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India is likely to agree an economic stimulus package of more than ₹1.5 lakh crore ($19.6 billion) to fight a downturn in the country that is currently locked down to stem the spread of coronavirus, two sources familiar with the matter told Reuters.

The Indian government has not yet finalised the package and discussions are ongoing between Prime Minister Narendra Modi's office, the finance ministry, and Reserve Bank of India (RBI), said both the sources, who asked not to be named as the matter was still under discussion.

One of the sources, a senior government official, said the stimulus plan could be as large as ₹2.3 lakh crore, but final numbers were still in discussion.

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Aditya Birla Health Insurance inks bancassurance partnership with Utkarsh SFB

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Grocery prices continue to rise with no end in sight

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Minneapolis school bus driver shot in head

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Sri Lanka considering House Arrest for those convicted of minor offenses

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Colorado mom who fatally abused 7-year-old daughter sentenced to 16 years

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Suspect surrenders after hours long standoff at West Philadelphia home, police say

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Dollywood offers to pay tuition for employees

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2 men charged in string of New Castle County residential burglaries

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The Healing: Black men yoga takes shape to combat mental health

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

₹1.5 lakh crore economic package: Report

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