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.
In addition, a new public sector enterprise policy that will create a recharged disinvestment playbook and creation of new health infrastructure was also announced by finance minister Nirmala Sitharaman on Sunday.
On 26 March, the government had announced a ₹1.7 trillion relief package, which many economists termed inadequate. There has been a growing criticism of the government for overlooking