Narendra Modi Nirmala Sitharaman city New Delhi covid-19 pandemic economy Government Narendra Modi Nirmala Sitharaman city New Delhi

PM, FM meet to discuss fiscal stimulus; announcement likely by Saturday

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NEW DELHI: A meeting between Prime Minister Narendra Modi and finance minister Nirmala Sitharaman is currently underway to discuss the final contours of the much-awaited financial stimulus package aimed at mitigating the impact of covid-19 on the economy.

Officials from finance ministry and the PM’s Office are also present at the meeting. The meeting, already three-hour long so far, is expected to last till evening.

The final announcement could come in a day or two, officials familiar with the development told Mint. While the government has been relatively swift in its efforts at containing the spread of coronavirus, it has attracted criticism for not doing enough for the industry and wage earners.

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