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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.

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

Will boost liquidity, empower entrepreneurs: Modi on Sitharaman's announcements

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www.livemint.com

New Delhi: Prime Minister Narendra Modi said the announcements made by the government on Wednesday to boost the economy will go a long way in addressing issues faced by businesses, especially MSMEs. "The steps announced will boost liquidity, empower the entrepreneurs and strengthen their competitive spirit," the prime minister wrote on Twitter.

Seeking to boost the COVID-hit economy, Finance Minister Nirmala Sitharaman on Wednesday announced ₹3-lakh crore collateral-free automatic loan for businesses, including MSMEs.

This will benefit 45 lakh small businesses, she said, detailing parts of the ₹20-lakh crore economic stimulus. "Today’s announcements by FM @nsitharaman will go a long way in addressing issues faced by businesses, especially

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