Narendra Damodardas Modi (born 17 September 1950) is an Indian politician serving as the 14th and current Prime Minister of India since 2014. He was the Chief Minister of Gujarat from 2001 to 2014 and is the Member of Parliament for Varanasi. Modi is a member of the Bharatiya Janata Party (BJP) and of the Rashtriya Swayamsevak Sangh (RSS), a Hindu nationalist volunteer organisation. He is the first prime minister outside of the Indian National Congress to win two consecutive terms with a full majority and the second to complete five years in office after Atal Bihari Vajpayee.
NEW DELHI : India's $266 billion economic rescue package rests mostly on boosting company credit but contains scant new public spending, tax breaks or cash support to revive demand and prevent firms from collapsing, business leaders and economists say.
Businesses from airlines to small stores are reeling from Prime Minister Narendra Modi's nearly two-month lockdown of India's 1.3 billion people aimed at limiting the spread of the new coronavirus.
Many firms say they won't survive unless they are bailed out immediately. The government said on Sunday it would privatise state-run companies in non-strategic sectors and stop fresh insolvency cases for a year.