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Opinion | There is little on offer by way of giving income support

India pandemic economy Government crisis
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Free foodgrains to migrants without ration cards is a much needed—but delayed—relief While announcing the ₹20-trillion fiscal stimulus, the prime minister left the details to be announced by the finance minister.

In the second instalment of the stimulus package, the finance minister shifted her focus to the migrants, middle class and farmers.

Similar to the fiscal stimulus announced on Wednesday, which focused on micro, small and medium enterprises (MSMEs), the announcements made on Thursday were more to do with credit availability and liquidity rather than fiscal transfers from the consolidated fund of India.

As pointed out earlier, much of the fiscal package is monetary policy-related, making credit available to different sectors of the

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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