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

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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.

He also said the stimulus will have a transformative impact on India's health and education sectors. "Reform trajectories of the states will also get an impetus," he said in a tweet.

The government on Sunday announced suspension of new bankruptcy filings on loan defaults for one year and raised the threshold for insolvency as it moved to ease COVID-19 pain for the industry. "Measures and reforms announced by the FM today will have a transformative impact on our health and education sectors. "They will boost

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