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Union Cabinet approves MSME, farmer and street vendor stimulus packages

01.06 - 15:07

₹50,000 crore financial package

28.05 - 12:46

Credit growth withers under lockdown as outstanding loans drop Rs1.36 trillion

21.05 - 15:09

Opinion: No, India doesn’t need a bigger stimulus

21.05 - 03:15

₹20 trillion covid-19 package

20.05 - 11:13

19.05 - 18:31

₹20 trillion stimulus package to restart economy

Narendra Modi city New Delhi India covid-19 economy crisis Coronavirus

12.05.2020 - 16:33

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livemint.com:

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.

The New Deal for Aatmanirbhar Bharat - a resilient India, comprises of around 10% of India’s grade domestic product (GDP) and will focus on land, labour, liquidity and laws.

It accounts for almost a full year of India’s gross tax revenue and includes the monetary easing announced by the Reserve Bank of India.

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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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Narendra Modi - Nirmala Sitharaman - FM Nirmala Sitharaman unveils scheme to take local produce to global markets - livemint.com - city New Delhi

15.05.2020 / 19:53

FM Nirmala Sitharaman unveils scheme to take local produce to global markets

NEW DELHI : Finance minister Nirmala Sitharaman on Friday unveiled a ₹10,000-crore scheme to support local micro food enterprises to go global.

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Narendra Modi - Nirmala Sitharaman - ₹1 lakh crore fund for agri infrastructure - livemint.com

15.05.2020 / 12:46

₹1 lakh crore fund for agri infrastructure

Finance Minister Nirmala Sitharaman today rolled out the third instalment of the ₹20 lakh crore economic stimulus announced by Prime Minister Narendra Modi, offering funds to improve farm infrastructure and logistics in the agriculture sector. The package would focus on infrastructure and building capacities in the agriculture and allied activities, Sitharaman said.

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Narendra Modi - Will lockdown 4.0 differ from state to state? It might - livemint.com - city New Delhi - state Bjp-Ruled

15.05.2020 / 12:46

Will lockdown 4.0 differ from state to state? It might

While many states are against entire districts being put in red zones due to presence of containment zones, some wanted that right of demarcation of zones be transferred to the states

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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

Narendra Modi - Dabur launches support #Vocalforlocal ads for its products - livemint.com - city New Delhi - India

15.05.2020 / 11:53

Dabur launches support #Vocalforlocal ads for its products

NEW DELHI: Inspired by Prime Minister Narendra Modi's speech on promoting local brands and following 'Vocal for local' mantra, consumer goods firm Dabur India Ltd has launched #Vocalforlocal series of campaign for its various brands including ayurvedic Red toothpaste, Amla hair oil, Real fruit juices, Chyawanprash and Hajmola digestive tablets across Facebook, Instagram and Twitter. https://twitter.com/DaburIndia/status/1261223074122174465?s=19

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Narendra Modi - Nirmala Sitharaman - Housing boost for middle class, migrants: Govt stimulus amid Covid crisis - livemint.com

14.05.2020 / 20:35

Housing boost for middle class, migrants: Govt stimulus amid Covid crisis

Union finance minister Nirmala Sitharaman revealed...

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Narendra Modi - Nirmala Sitharaman - ₹20 lakh crore stimulus: 5,000 crore credit facility for street vendors - livemint.com

14.05.2020 / 13:29

₹20 lakh crore stimulus: 5,000 crore credit facility for street vendors

Finance minister Nirmala Sitharaman on Thursday announced a ₹5,000 crore special credit facility for street vendors.

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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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Narendra Modi - Amit Shah - PM's message: Use covid-19 crisis to Make In India, attract firms exiting China - livemint.com - China - city New Delhi - India

14.05.2020 / 10:19

PM's message: Use covid-19 crisis to Make In India, attract firms exiting China

NEW DELHI: Home Minister Amit Shah had said all Central Armed Police Forces (CAPF) canteens will now sell only indigenous products, starting 1 June. Shah’s announcement came after Prime Minister Narendra Modi promised a ₹20 trillion stimulus package for the economy hit by the most stringent lockdown in the world.

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Narendra Modi - Nirmala Sitharaman - Tender loving self-care - livemint.com - China - city Beijing - India

14.05.2020 / 08:12

Tender loving self-care

India on Wednesday banned global tenders for government procurements worth up to ₹200 crore. This was in line with Prime Minister Narendra Modi’s clarion call a day earlier to be “vocal about local", and was part of the first tranche of special measures announced by Finance Minister Nirmala Sitharaman in the country’s effort to mitigate the impact of covid-19 on the economy.

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Narendra Modi - Opinion | The government should go for direct spending - livemint.com - India

13.05.2020 / 20:17

Opinion | The government should go for direct spending

The Centre’s extra fiscal expenditure this year may only be a fraction of the ₹20 trillion figure declared by our PM for his vision of a self-reliant India. Even so, it must push that money out

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Narendra Modi - Nirmala Sitharaman - Mint Lite | Lifeline for small businesses, travel trouble, other news of the day - livemint.com - Usa

13.05.2020 / 18:56

Mint Lite | Lifeline for small businesses, travel trouble, other news of the day

Mint Lite is a quick update to bring you up to speed on all the news you need to know—and some things that are just fun to know—in five minutes before you start your day

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Narendra Modi - Nirmala Sitharaman - Government provides further liquidity support to NBFCs, HFCs, microlenders - livemint.com

13.05.2020 / 15:49

Government provides further liquidity support to NBFCs, HFCs, microlenders

These stimulus measures come a day after Prime Minister Narendra Modi announced the 'Atmanirbhar Bharat Abhiyan' package worth ₹20 lakh crore to kickstart the economy following the nationwide lockdown

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Narendra Modi - Nirmala Sitharaman - Will boost liquidity, empower entrepreneurs: Modi on Sitharaman's announcements - livemint.com - city New Delhi

13.05.2020 / 15:20

Will boost liquidity, empower entrepreneurs: Modi on Sitharaman's announcements

New Delhi: Prime Minister Narendra Modi said the announcements made by the government on Wednesday to boost the economy will go a long way in addressing issues faced by businesses, especially MSMEs.

Narendra Modi Nirmala Sitharaman city New Delhi covid-19 economy Government Coronavirus

Narendra Modi - Nirmala Sitharaman - ₹3 lakh cr for MSMEs - livemint.com - India

13.05.2020 / 12:41

₹3 lakh cr for MSMEs

Finance Minister Nirmala Sitharaman on Wednesday laid out the contours of the ₹20-trillion mega economic relief package announced by Prime Minister Narendra Modi on Tuesday.

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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'.

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

Narendra Modi - Rupee rises sharply against US dollar but later gives up some gains - livemint.com - Usa - India

13.05.2020 / 09:39

Rupee rises sharply against US dollar but later gives up some gains

Indian rupee gained sharply gained the US dollar but later could not hold on to most of the gains amid weak global risk sentiment. The rupee today rose to 75.27 per US dollar at day's high before surrendering most of the gains. In comparison, the rupee had closed at 75.50 per USD in the previous session. So far during today's session, the rupee traded in the range of 75.27 to 75.50 per US dollar. Recently, it was at 75.42 per US dollar.

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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.

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Narendra Modi - How fiscal multiplier amplifies government stimulus - livemint.com - India

13.05.2020 / 08:42

How fiscal multiplier amplifies government stimulus

Prime Minister Narendra Modi at 8 pm on Tuesday announced a ₹20 trillion stimulus package, which amounts to around 10% of India’s GDP. The exact details of the package have not been released yet, but Prime Minister said there would be a focus on small and medium enterprises, labourers, farmers and the taxpaying middle class. In other words, there is likely to be a combination of spending and tax proposals. A government stimulus traditionally has a larger effect on the economy than its actual size due to the operation of what is known as ‘the fiscal multiplier.’ Here’s how it works.

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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.

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

Narendra Modi - Nirmala Sitharaman - ₹20 trillion package: Five key things to watch out for - livemint.com - city New Delhi - India

13.05.2020 / 06:01

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

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.

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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.

Narendra Modi Yogi Adityanath Government crisis Coronavirus

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 - Coronavirus outbreak: India PM Modi announces US$266 billion for hard-hit economy - globalnews.ca - Usa - India

12.05.2020 / 23:19

Coronavirus outbreak: India PM Modi announces US$266 billion for hard-hit economy

Indian Prime Minister Narendra Modi announced a 20 trillion rupee, or US$266 billion, support package to help the country’s economy amid the novel coronavirus outbreak and the resulting lockdown.

Narendra Modi Usa India outbreak economy Coronavirus

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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Narendra Modi - Next lockdown phase won’t be like earlier ones, says PM Modi - livemint.com - India

12.05.2020 / 19:54

Next lockdown phase won’t be like earlier ones, says PM Modi

The contours of Lockdown 4.0 will be decided based on suggestions received from statesThere was a complete lockdown across the country in the first phase from 25 March

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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 - Opinion | Big bang stimulus - livemint.com - India

12.05.2020 / 19:25

Opinion | Big bang stimulus

The five pillars of this programme, PM Modi said, would be the economy, infrastructure, a new system based on technology, India’s demography, and our cycle of demand and supply

Narendra Modi India economy

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 - Opinion | India should stave off corona bankruptcies - livemint.com - India

12.05.2020 / 19:24

Opinion | India should stave off corona bankruptcies

As Indian banks brace themselves for another wave of loans turning bad, they need a good way to identify and help insolvent businesses that are not failures, just hit by the lockdown

Narendra Modi India economy Government crisis

Narendra Modi - Modi promises reform stimulus for a self-reliant India - livemint.com - India

12.05.2020 / 18:40

Modi promises reform stimulus for a self-reliant India

Prime Minister Narendra Modi on Tuesday promised sweeping reforms across sectors including in agriculture and taxation that would empower the poor and the marginalised while making the economy self-reliant and take a high growth trajectory.

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Narendra Modi - Lockdown 4.0 will be different from the previous ones, says PM Modi - livemint.com - city New Delhi - India

12.05.2020 / 17:28

Lockdown 4.0 will be different from the previous ones, says PM Modi

NEW DELHI : Prime Minister Narendra Modi on Tuesday 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 - ₹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 - Self reliance is the only way forward: PM Modi - livemint.com - India

12.05.2020 / 16:32

Self reliance is the only way forward: PM Modi

PM Modi said on Tuesday that the covid-19 virus was both a challenge and an opportunity

Narendra Modi India virus covid-19 economy crisis

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 - PM Modi to address the nation on Tuesday as lockdown 3.0 nears end - livemint.com - city New Delhi

12.05.2020 / 09:01

PM Modi to address the nation on Tuesday as lockdown 3.0 nears end

NEW DELHI: Prime Minister Narendra Modi will address the nation Tuesday evening, setting the direction for the country to exit the third phase of the lockdown. Amid speculations that the lockdown is likely to be extended, Modi will address the nation at 8 pm, the Prime Minister’s office said in a Twitter post.

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Narendra Modi - Opinion | How businesses can win back confidence of customers post covid-19 - livemint.com

12.05.2020 / 06:45

Opinion | How businesses can win back confidence of customers post covid-19

Popular thinking across all sections of society now seems to indicate that Prime Minister Narendra Modi’s mantra to fight the covid-19 pandemic - 'jaan bhi, jahan bhi' - will fast emerge as the new normal. Keeping this in mind, the time has come for us to collectively resurrect the industry, yet maintaining adequate safeguards to protect lives. An inspiring example of living this mantra comes from my friend, RS Sodhi, managing director at GCMMF Ltd (AMUL), trying to draw a fine balance between ‘jaan’ and ‘jahan’.

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Narendra Modi - PM Narendra Modi charts route to recovery for India - livemint.com - city New Delhi - India

11.05.2020 / 20:47

PM Narendra Modi charts route to recovery for India

Govt wants to achieve the twin objectives of reducing the transmission rate and increasing all public activity gradually while adhering to all guidelines

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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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Narendra Modi - PM Modi asks states to give blueprint for lockdown exit - livemint.com - city New Delhi - India

11.05.2020 / 19:14

PM Modi asks states to give blueprint for lockdown exit

New Delhi: India will further open up its economy with riders when it enters the fourth phase of national lockdown starting 18 May for which Prime Minister Narendra Modi on Monday asked state chief ministers to give a strategy by Friday.

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Narendra Modi - Share your post-17 May lockdown strategy by Friday: PM Modi asks CMs - livemint.com

11.05.2020 / 18:39

Share your post-17 May lockdown strategy by Friday: PM Modi asks CMs

In his fifth virtual conference meet with states' chief ministers on Monday, Prime Minister Narendra Modi touched upon various issues related to the pandemic.

Narendra Modi covid-19 pandemic economy quarantine

Narendra Modi - K.Chandrashekhar - Telangana CM KCR urges PM Modi to not restart passenger train service - livemint.com - city Hyderabad

11.05.2020 / 15:57

Telangana CM KCR urges PM Modi to not restart passenger train service

Telangana CM KCR said the movement of people through trains would make the task of monitoring the Covid-19 situation difficult and this may lead to spread of virus from one place to the other

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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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