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India Plans Stimulus Package to Support Economic Growth


India Plans Stimulus Package to Support Economic Growth
May 25 2021, 3:56 PM
May 25 2021, 11:25 AM
May 25 2021, 3:56 PM
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(Bloomberg)
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
India is preparing a stimulus package for sectors worst affected by a deadly coronavirus wave, aiming to support an economy struggling with a slew of localized lockdowns, people familiar with the matter said.
The finance ministry is working on proposals to bolster the tourism, aviation and hospitality industries, along with small and medium-sized companies, the people said, asking not to be identified as the deliberations are private. The discussions are at an early stage and no timeline for an announcement has been decided, they said. A finance ministry spokesman declined to comment. ....

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Finance Ministry plans stimulus package to support economic growth: Report


India is preparing a stimulus package for sectors worst affected by a deadly coronavirus wave, aiming to support an economy struggling with a slew of localized lockdowns, people familiar with the matter said.
The finance ministry is working on proposals to bolster the tourism, aviation and hospitality industries, along with small and medium-sized companies, the people said, asking not to be identified as the deliberations are private. The discussions are at an early stage and no timeline for an announcement has been decided, they said. A finance ministry spokesman declined to comment.
The latest wave of Covid-19 infections has made India the global hotspot for the pandemic and has decimated travel since the second wave picked up in March even though Prime Minister Narendra Modi has refused to implement a strict nationwide lockdown. With nearly 200,000 daily cases daily many local governments, including India’s most industrialized states have imposed curbs against th ....

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India plans stimulus package to support economic growth during Covid: sources


Centre ‘planning stimulus package to aid sectors badly hit by Covid’
Bloomberg
May 25 |
Updated on
May 25, 2021
Proposals to bolster tourism, aviation and hospitality industries likely
India is preparing a stimulus package for sectors worst affected by a deadly coronavirus wave, aiming to support an economy struggling with a slew of localised lockdowns, people familiar with the matter said.
The finance ministry is working on proposals to bolster the tourism, aviation and hospitality industries, along with small and medium-sized companies, the people said, asking not to be identified as the deliberations are private. The discussions are at an early stage and no time line for an announcement has been decided, they said. A finance ministry spokesman declined to comment. ....

New Delhi , Andhra Pradesh , Nirmala Sitharaman , Teresa John , Narendra Modi , Abhishek Gupta , While The International Monetary Fund , Prime Minister Narendra Modi , International Monetary Fund , Reserve Bank , Nirmal Bang Equities , Minister Nirmala Sitharaman , Bloomberg Economic Abhishek , புதியது டெல்ஹி , ஆந்திரா பிரதேஷ் , தெரசா ஜான் , நரேந்திர மோடி , அபிஷேக் குப்தா , போது தி சர்வதேச பண நிதி , ப்ரைம் அமைச்சர் நரேந்திர மோடி , சர்வதேச பண நிதி , இருப்பு வங்கி , நிர்மல் இடி பங்குகள் , ப்ளூம்பெர்க் பொருளாதார அபிஷேக் ,