Today news
Narendra Modi

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.

The same in other media
Narendra Modi Nirmala Sitharaman city New Delhi India Germany economy Government Coronavirus Narendra Modi Nirmala Sitharaman city New Delhi India Germany

Government set to announce stimulus package soon

Reading now: 705
www.livemint.com

NEW DELHI : Finance minister Nirmala Sitharaman is set to announce a long-awaited stimulus package 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.

Sitharaman met Prime Minister Narendra Modi on Thursday to finalize the measures and an announcement is expected soon, two government officials said on condition of anonymity.

One of the measures being considered is to subsidize wages, based on a German model that gave people short-time work or Kurzarbeit, helping Europe’s largest economy emerge from the 2009 recession faster than others.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA