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.
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. The package covers land, micro, small and medium enterprises and the salaried class. Finance Minister Nirmal Sitharaman will give details of the package on Wednesday, the PM said.
In his half-hour-long address to the nation, he said the government will undertake reforms to encourage businesses and simplify taxes for a strong financial system.
The government had in March announced a Rs1.7-trillion package while the Reserve Bank of India has so far announced liquidity measures
United States
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India
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Cases: 34 321 025
Deaths: 459 652
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Cases: 21 835 785
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Cases: 9 215 683
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Cases: 8 494 589
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