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₹20 trillion package: Five key things to watch out for

Narendra Modi Nirmala Sitharaman city New Delhi India covid-19 pandemic economy Government FIVE

13.05.2020 - 06:01

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livemint.com:

NEW DELHI: The Center on Tuesday announced a massive ₹20 trillion stimulus, comprising 10% of India's GDP, to revive the economy that has been brought to its knees by a severe, nearly 50-day lockdown to contain the covid-19 pandemic.

Prime Minister Narendra Modi, while announcing the stimulus, had said details of the package will be made available beginning Wednesday.

Towards this, finance minister Nirmala Sitharaman will brief the media later today. Here are the five key things to watch out for at the press briefing: PACKAGE DETAILS: Modi in his speech had said the ₹20 trillion package includes the previous stimulus of ₹1.7 trillion as well as the liquidity easing measures announced by the Reserve Bank of India (RBI).

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Wanindu Hasaranga becomes most expensive SL player in IPL history - newsfirst.lk - India - Sri Lanka - city Bangalore

12.02.2022 / 14:16

Wanindu Hasaranga becomes most expensive SL player in IPL history

COLOMBO (News 1st); Sri Lanka all-rounder Wanindu Hasaranga was sold to Royal Challengers Bangalore on Saturday (12) for Indian Rs. 10.75 crores after a closely fought bidding war.The Sri Lankan pair of Hasaranga and Dushmantha Chameera, joined RCB for the second part of IPL 2021.Hasaranga took a hat-trick at last year’s T20 World Cup.

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Maria Van-Kerkhove - Omicron deaths: 3,400 COVID fatalities in 24 hrs, that is 18 Boeing 737s crashes, says WHO - livemint.com - India

12.02.2022 / 14:05

Omicron deaths: 3,400 COVID fatalities in 24 hrs, that is 18 Boeing 737s crashes, says WHO

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You got richer during the pandemic. Early retirement is still risky. - livemint.com - India

12.02.2022 / 14:05

You got richer during the pandemic. Early retirement is still risky.

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Eric Sorensen - Disruptive Ottawa protest tests security limits of Canada’s capital - globalnews.ca - Canada - city Ottawa

12.02.2022 / 13:41

Disruptive Ottawa protest tests security limits of Canada’s capital

After two weeks of the protest convoy occupying Ottawa, questions are rising over whether a better security response could have averted all the disruption sooner.

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Norway lifts final Covid curbs on social distancing - rte.ie - Hong Kong - Norway - city Hong Kong

12.02.2022 / 13:33

Norway lifts final Covid curbs on social distancing

Norway has lifted its final Covid restrictions, scrapping social distancing and masks in crowded spaces despite a surge in Omicron infections.

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Nirmala Sitharaman - I've done the best for India Inc: Sitharaman on stimulus package - livemint.com - India

19.05.2020 / 20:27

I've done the best for India Inc: Sitharaman on stimulus package

Just as India was showing initial signs of emerging from a slowdown, finance minister Nirmala Sitharaman was forced to confront a totally unexpected challenge: a pandemic. The government had to redraw battle plans and impose a lockdown, which triggered an economic collapse. Over the course of last week, the finance minister has outlined the contours of a ₹20 trillion stimulus package. In an interview on Tuesday, Sitharaman defended the government’s decisions and said it will not hesitate to take more steps to support Indian businesses. Edited excerpts:

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Narendra Modi - ₹20 trillion - livemint.com - India

19.05.2020 / 18:31

Modi’s approach is to push behavioural change by scaling up the successes among various schemes

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Nirmala Sitharaman - Sensex plunges over 1,000 points: Key triggers for today's losses - livemint.com - India

18.05.2020 / 08:05

Sensex plunges over 1,000 points: Key triggers for today's losses

Indian stock markets fell sharply today as the government's stimulus package failed to enthuse the Street, with banking stocks leading the losses. The government has extended a nationwide lockdown to May 31, while easing some restrictions, but a ban on air travel and gatherings at several public places still remained. The Sensex fell as much as 1070 points to 30,027, wiping out about ₹3 lakh crore of investors' wealth. At day's low, the Nifty slumped to 8,825.

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Narendra Modi - Fifth tranche of economic package will revitalise village economy: PM Modi - livemint.com - city New Delhi - India

17.05.2020 / 13:31

Fifth tranche of economic package will revitalise village economy: PM Modi

NEW DELHI : 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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Nirmala Sitharaman - ₹21 trillion - livemint.com - city New Delhi

17.05.2020 / 10:49

NEW DELHI: Increased funding under the marquee Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS), exclusion of debt default due to coronavirus pandemic under the Insolvency and Bankruptcy Code (IBC) and reform linked jump in states’ borrowing limits were some of the focus areas of the fifth tranche of stimulus announced on Sunday.

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Nirmala Sitharaman - Covid-19 package: Govt to set up public health laboratories at block levels - livemint.com - city New Delhi - India

17.05.2020 / 08:55

Covid-19 package: Govt to set up public health laboratories at block levels

NEW DELHI: Finance Minister Nirmala Sitharaman on Sunday announced setting up of public health laboratories at block levels, a move that will boost testing facilities in rural India.

Nirmala Sitharaman city New Delhi India covid-19 pandemic Government

Nirmala Sitharaman - ₹20 trillion stimulus: Govt to privatise public sector entities - livemint.com - city New Delhi - India

17.05.2020 / 08:29

₹20 trillion stimulus: Govt to privatise public sector entities

NEW DELHI: Finance minister Nirmala Sitharaman on Sunday announced a new public sector enterprise (PSE) policy under which there will be at least one such entity each in strategic sectors while those in non-strategic sectors will be privatised.

Nirmala Sitharaman city New Delhi India covid-19 pandemic Government

Nirmala Sitharaman - Covid-19 relief package: India to suspend bankruptcy code for one year - livemint.com - city New Delhi - India

17.05.2020 / 08:25

Covid-19 relief package: India to suspend bankruptcy code for one year

NEW DELHI: India will suspend bankruptcy proceedings for one year so that companies are not dragged into tribunals at a time they are trying to get back on their feet, finance minister Nirmala Sitharaman said on Sunday.

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Narendra Modi - Nirmala Sitharaman - Nirmala Sitharaman LIVE: Economic package finale keeps everyone guessing - livemint.com - city New Delhi - India

17.05.2020 / 06:21

Nirmala Sitharaman LIVE: Economic package finale keeps everyone guessing

NEW DELHI : Finance minister Nirmala Sitharaman is expected to make some key announcements today as she addresses the fifth and last press conference on the ₹20 lakh crore economic package announced by Prime Minister Narendra Modi earlier. To revive the Indian economy hit by the impact of coronavirus, the Modi government has decided to make India 'self-reliant' with a combination of several reforms, fiscal and liquidity measures. PM Modi has said that the measures and reforms will create many business opportunities and contribute to economic transformation.

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Nirmala Sitharaman - ₹20 trillion economic package today - livemint.com - city New Delhi

17.05.2020 / 04:49

₹20 trillion economic package today

Sitharaman will announce the last tranche of ₹20 lakh crore stimulus package at 11 am today

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Narendra Modi - Nirmala Sitharaman - Fourth tranche of economic package will boost job opportunities: Narendra Modi - livemint.com - city New Delhi

16.05.2020 / 16:29

Fourth tranche of economic package will boost job opportunities: Narendra Modi

NEW DELHI : The economic measures announced by his government on Saturday will create many business opportunities and contribute to economic transformation, Prime Minister Narendra Modi said.

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Narendra Modi - Nirmala Sitharaman - Rahul Gandhi - Nirmala Sitharaman LIVE Updates: FM to release 4th part of economic package - livemint.com - city New Delhi - India

16.05.2020 / 11:31

Nirmala Sitharaman LIVE Updates: FM to release 4th part of economic package

NEW DELHI : After having announced economic package and relief measures for farmers, migrant labourers, MSMEs, SMEs, NBFCs, MFIs and other categories, Finance Minister Nirmala Sitharaman will release the fourth tranche of her ₹20 lakh crore economic package today. As announced the Prime Minister Narendra Modi earlier, the stimulus to revive the Indian economy hit by coronavirus is being released in several tranches. Equivalent to 10% of India's GDP, the economic package includes both fiscal and liquidity measures to make India self-reliant under the 'Aatmanirbhar Abhiyan'.

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Narendra Modi - Nirmala Sitharaman - Rahul Gandhi - Govt must rethink economic package, give money directly to needy: Rahul Gandhi - livemint.com

16.05.2020 / 09:49

Govt must rethink economic package, give money directly to needy: Rahul Gandhi

Former Congress president Rahul Gandhi on Saturday said the government should rework on the ₹20 trillion economic stimulus package, announced to mitigate the damage caused by the coronavirus pandemic, by giving money directly to people to spur demand instead of focusing on a loan-centric approach.

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Nirmala Sitharaman - FMCG companies welcome FM's package for the farm sector - livemint.com - city New Delhi - India

15.05.2020 / 16:25

FMCG companies welcome FM's package for the farm sector

New Delhi: Fast moving consumer goods companies on Friday welcomed the government's third tranche of the economic relief package aimed at supporting and reforming the farm sector, as well as developing infrastructure to support India's agriculture sector.

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Narendra Modi - What states suggest lockdown 4.0 from Monday onwards: 10 things to know - livemint.com - India

15.05.2020 / 16:13

What states suggest lockdown 4.0 from Monday onwards: 10 things to know

As India will enter the fourth phase of the current lockdown which was imposed by the government on 25 March in order to combat the novel coronavirus outbreak in the country, citizens will see a greater relaxations and availability of more services across states.

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Nirmala Sitharaman - ₹1 trillion fund for farm entrepreneurs - livemint.com - city New Delhi

15.05.2020 / 13:19

₹1 trillion fund for farm entrepreneurs

NEW DELHI: Finance minister Nirmala Sitharaman on Friday announced a ₹1 trillion fund for entrepreneurs to set up facilities to procure, store and market agriculture produce, a move which would at improve the value realised by farmers.

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Narendra Modi - Bill Gates - Bill Gates thanks PM Modi for interaction, stresses India's key role in fight against coronavirus - livemint.com - city New Delhi - India

15.05.2020 / 12:55

Bill Gates thanks PM Modi for interaction, stresses India's key role in fight against coronavirus

Combating the pandemic requires global collaboration. India's role is key as the world works to minimize social and economic impact, and pave the way to vaccine, testing, and treatment access for all, Bill Gates said

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Narendra Modi - Nirmala Sitharaman - Nirmala Sitharaman LIVE Updates: FM announces economic package for agriculture - livemint.com - city New Delhi - India

15.05.2020 / 11:53

Nirmala Sitharaman LIVE Updates: FM announces economic package for agriculture

NEW DELHI : Finance Minister Nirmala Sitharaman is releasing the third tranche of the ₹20 lakh crore economic package today with a focus on agriculture, fisheries and allied activities. In the previous two parts of the package, FM's focus was on MSMEs, NBFCs, MFIs, migrant workers, street vendors and small farmers. Prime Minister Narendra Modi has declared that the package is aimed at making India self-reliant. He has also hinted at bringing in several reforms to revive the Indian economy hit by the nationwide spread of the contagious coronavirus disease and the prolonged lockdown.

Narendra Modi Nirmala Sitharaman city New Delhi India economy Government Coronavirus Updates

Nirmala Sitharaman - Economic package a hoax, govt failed to send foodgrains it had promised: Mamata Banerjee - livemint.com - city Kolkata

14.05.2020 / 18:57

Economic package a hoax, govt failed to send foodgrains it had promised: Mamata Banerjee

KOLKATA : The TMC on Thursday dubbed the announcements made by Union Finance Minister Nirmala Sitharaman as a hoax and said the Centre had failed to provide West Bengal with the foodgrains it had promised or had sent those of inferior quality.

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Nirmala Sitharaman - ₹2 trillion concessional credit to be extended to farmers through Kisan Credit Cards: Sitharaman - livemint.com - city New Delhi

14.05.2020 / 17:55

₹2 trillion concessional credit to be extended to farmers through Kisan Credit Cards: Sitharaman

NEW DELHI : Finance minister Nirmala Sitharaman on Thursday announced a series of measures to provide credit and relief to farmers, including a ₹2 trillion credit scheme that will cover 2.5 crore farmers not possessing Kisan Credit Cards and ₹30,000 crore additional emergency working capital funding through National Bank For Agriculture and Rural Development (NABARD).

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Nirmala Sitharaman - ₹20 trln package: Free food grains to 80 mln migrant workers for two months - livemint.com - city New Delhi

14.05.2020 / 13:30

₹20 trln package: Free food grains to 80 mln migrant workers for two months

NEW DELHI: Finance minister Nirmala Sitharaman on Thursday said about 80 million migrant workers, not covered under central or state food distribution systems, will be given free rice, wheat and gram or chickpea for the next two months. The measure will cost the central government ₹3,500 crores.

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Narendra Modi - Nirmala Sitharaman - Modi’s address on economic package and lockdown 4.0 draws 193 mln TV viewers - livemint.com - city New Delhi - India

14.05.2020 / 12:49

Modi’s address on economic package and lockdown 4.0 draws 193 mln TV viewers

NEW DELHI: Prime Minister Narendra Modi’s address to the nation this week on the ₹20 trillion stimulus package and the extension of the covid-19 lockdown drew 193 million viewers across 197 television channels, according to data from the Broadcast Audience Research Council (BARC).

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Nirmala Sitharaman - Will govt’s fresh package for NBFCs help debt MFs holding their paper? - livemint.com

13.05.2020 / 15:36

Will govt’s fresh package for NBFCs help debt MFs holding their paper?

Finance minister Nirmala Sitharaman on Wednesday announced a fresh set of measures for non-banking finance companies (NBFCs), housing finance companies (HFCs) and micro finance institutions (MFIs) as part of the government’s economic rescue package for the covid-19 crisis. It allocated an amount of ₹30,000 crore for the purchase of investment grade debt of NBFCs, HFCs and MFIs. The second measure is a partial guarantee scheme worth ₹45,000 crore on primary market paper issued by NBFCs.

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Nirmala Sitharaman - Except for modest MSME package, disappointed with FM's measures: Chidambaram - livemint.com

13.05.2020 / 14:41

Except for modest MSME package, disappointed with FM's measures: Chidambaram

Finance Minister Nirmala Sitharaman on Wednesday announced a series of liquidity measures to prop up the economy amid the pandemic, which senior Congress leader and former FM P. Chidambaram said "is a cruel blow to those who toil every day".

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Nirmala Sitharaman - Full text of FM Sitharaman’s press-meet on stimulus package - livemint.com - India

13.05.2020 / 14:39

Full text of FM Sitharaman’s press-meet on stimulus package

Here is the full text of finance minister Nirmala Sitharaman’s announcements during the press-meet

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Nirmala Sitharaman - FM Sitharaman announces measures to enable 'self-reliant' India: 10 things to know - livemint.com - India

13.05.2020 / 14:04

FM Sitharaman announces measures to enable 'self-reliant' India: 10 things to know

FM Sitharaman today released the details of the ₹20 trillion stimulus packages to restore the health of Indian economy hit by Covid-19 pandemic. Here are the 10 things to know about the mega package

Nirmala Sitharaman India covid-19 2020 Government

Nirmala Sitharaman - ₹20 trillion package; Sensex, Nifty end 2% higher - livemint.com - India

13.05.2020 / 12:44

₹20 trillion package; Sensex, Nifty end 2% higher

Indian equity market on Wednesday closed over 2% higher as investors cheered the government's ₹20 trillion stimulus package to revive the economy, which has come to a grinding halt due to the lockdown imposed in the wake of the coronavirus pandemic.

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Narendra Modi - Nirmala Sitharaman - ₹20 lakh crore economic package - livemint.com - city New Delhi - India

13.05.2020 / 11:49

₹20 lakh crore economic package

NEW DELHI : As announced by Prime Minister Narendra Modi yesterday, finance minister Nirmala Sitharaman is now releasing details of the ₹20 lakh crore economic package to revive the economy hit by the coronavirus pandemic. Aimed at all sections of the society, including the middle-class, SMEs, labourers, farmers and the industry, the economic package is themed around the 'Self-reliant India campaign'.

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Narendra Modi - Modi's fiscal package silver lining for small, medium businesses - livemint.com - India

13.05.2020 / 08:44

Modi's fiscal package silver lining for small, medium businesses

India's small and medium enterprises (SMEs), which is among the worst-hit sectors amid the covid-19 crisis, hopes that Prime Minister Narendra Modi's ₹20 lakh crore economic relief package would revive liquidity, bringing the sector back to life.

Narendra Modi India covid-19 economy Government crisis

Narendra Modi - ₹20 trillion package: What does it mean for stock markets? - livemint.com - India

13.05.2020 / 07:20

₹20 trillion package: What does it mean for stock markets?

Indian equity markets rallied in early trade on Wednesday as the size of the economic stimulus package announced by Prime Minister Narendra Modi is significantly higher than the Street's expectations. The package of ₹20 trillion, which accounts for 10% of India’s GDP, includes the fiscal and monetary support extended by the finance ministry and Reserve Bank of India earlier.

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Narendra Modi - ₹20 trillion package - livemint.com - city New Delhi - India

13.05.2020 / 06:28

₹20 trillion package

NEW DELHI: Government bonds declined on Wednesday as investors worried about India's fiscal deficit after Prime Minister Narendra Modi announced a massive ₹20 trillion package to revive the economy, brought low by the lockdown to contain the covid-19 pandemic.

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Narendra Modi - Anil Agarwal - Markets may rally on govt's economic booster package - livemint.com - India

13.05.2020 / 04:18

Markets may rally on govt's economic booster package

Indian stock markets are expected to rise on Wednesday, riding on the economic stimulus package announced by Prime Minister Narendra Modi last night. Rally in SGX Nifty indicate that Indian benchmark indices may see a strong opening.

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Narendra Modi - Yogi Adityanath - Special economic package by PM will definitely prove to be a milestone: UP CM Yogi Adityanath - livemint.com

13.05.2020 / 03:55

Special economic package by PM will definitely prove to be a milestone: UP CM Yogi Adityanath

Lucknow: Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday said that the economic package announced by Prime Minister Narendra Modi will definitely prove to be a milestone.

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Narendra Modi - ₹20 trillion stimulus: Going by govt's maths, ₹10.71 tn package remains at disposal - livemint.com - city New Delhi - India

13.05.2020 / 03:07

₹20 trillion stimulus: Going by govt's maths, ₹10.71 tn package remains at disposal

NEW DELHI : Prime Minister Narendra Modi's announced ₹20 trillion relief package on Tuesday to help Indian economy kickstart its slowing engine, infected in order to prevent the deadly coronavirus pandemic spread. If analysts work the numbers in Modi's total ₹20 lakh crore economic package, experts estimate that it could be around 10.71 lakh crore.

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Narendra Modi - Full text of PM Narendra Modi's speech on lockdown, stimulus package - livemint.com - India

12.05.2020 / 21:19

Full text of PM Narendra Modi's speech on lockdown, stimulus package

In an address to the nation, Prime Minister Narendra Modi hinted at a continuation of the lockdown India has been under for several weeks but added that the coming phase would be “totally different" from the previous phases, the contours of which will be decided based on the suggestions given by states.

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Narendra Modi - Nirmala Sitharaman - Anand Mahindragroup - ₹20 tn economic package - livemint.com - India

12.05.2020 / 20:52

₹20 tn economic package

Prime Minister Narendra Modi's ₹20 lakh crore special economic package to make India self-reliant and bring the economy back on the track in view of coronavirus-induced lockdown has been hailed by India Inc as transformational and unprecedented.

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Nirmala Sitharaman - ₹5.95 trillion loans from 1 Mar to 8 May - livemint.com

12.05.2020 / 19:55

₹5.95 trillion loans from 1 Mar to 8 May

The Union finance ministry on Tuesday said that public sector banks (PSBs) sanctioned ₹5.95 trillion in loans to small businesses, retail, agriculture and corporate sectors between 1 March and 8 May.

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Narendra Modi - Nirmala Sitharaman - Covid-19: Big bang economic package from PM Modi puts the country in reset mode - livemint.com - India

12.05.2020 / 19:53

Covid-19: Big bang economic package from PM Modi puts the country in reset mode

PM Modi announces a ₹20 trillion stimulus package to reinvigorate the economy and a new strategy to ensure that the country becomes self-reliant

Narendra Modi Nirmala Sitharaman India covid-19 economy crisis Coronavirus

Narendra Modi - Amit Shah - ₹20 lakh cr package to serve interests of poor, farmers, middle class: Amit Shah - livemint.com - city New Delhi

12.05.2020 / 19:24

₹20 lakh cr package to serve interests of poor, farmers, middle class: Amit Shah

NEW DELHI : The Modi government takes decisions in the interest of the country and the just announced ₹20 lakh crore relief package will help the poor, farmers and middle class, Union Home Minister Amit Shah said on Tuesday.

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Narendra Modi - ₹20 tn package for nation's 'self-reliance': 10 points - livemint.com - India

12.05.2020 / 16:35

₹20 tn package for nation's 'self-reliance': 10 points

In his latest address to the nation, Prime Minister Narendra Modi touched upon a lot of things affecting the country during the pandemic. However, the biggest announcement of all is a mega economic relief package amounting to ₹20 lakh crore. PM gave a clarion call for Atmanirbhar Bharat (self-reliant India) during the crisis and he said the package will help achieving that.

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Narendra Modi - ₹20 trillion stimulus package to restart economy - livemint.com - city New Delhi - India

12.05.2020 / 16:33

₹20 trillion stimulus package to restart economy

New Delhi: Prime Minister Narendra Modi on Tuesday announced the long-awaited stimulus package of Rs20 trillion for businesses and workers to soften the devastating blow from the coronavirus lockdown that has pushed many companies to the brink of bankruptcy with revenues and cash flows disappearing overnight.

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Narendra Modi - Modi's Rs20-trillion boost to economy, wants people to be 'vocal about local' - livemint.com - city New Delhi - India

12.05.2020 / 16:32

Modi's Rs20-trillion boost to economy, wants people to be 'vocal about local'

NEW DELHI: Prime Minister Narendra Modi today announced the much-awaited stimulus package that, combining the previous packages announced by the central bank and the government, make it a Rs20 trillion stimulus for the economy. It amounts to nearly 10% of the GDP.

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Narendra Modi - States ask PM Modi for special financial package - livemint.com - city New Delhi - state Among

11.05.2020 / 20:27

States ask PM Modi for special financial package

NEW DELHI : Cash-strapped state governments on Monday demanded that Prime Minister Narendra Modi personally intervene to announce a special financial package for them.

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COVID-19

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

Detail statistic

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