Finance Minister Nirmala Sitharaman on Saturday said the Finance Ministry compared every announcement made by different countries before India to see what their stimulus package consisted of. "All that (different stimulus packages) has been studied.
Every country has brought in basket of measures-- fiscal, monetary, guarantee, central liquidty and so on," said Sitharaman while delving into the rationale of the break up of the ₹20 lakh crore package announced last week in the wake of pandemic. "To think that all other countries have come up with only outgo from budget and not as though they've underplayed everything else they've done.