Union Finance Minister Nirmala Sitaraman on the announcement of 'Economic Package' for COVID-19 pandemic said that a comparison was made of all announcements made by different countries to see what their package consisted of.
A meeting of a Group of Ministers will take place at the residence of Defence Minister Rajnath Singh at 5 p.m. on Saturday. This is the second such meeting of the ministers in six days. The last one was held on May 18.
Economist Nouriel Roubini has warned of a prolonged downturn and sluggish recovery from the coronavirus. Nicknamed Dr Doom for his gloomy predictions, Professor Roubini said there are some jobs that simply will not come back after this crisis, the BBC reported on Friday.
Moody's Investors Service said on Friday that economic damage as a result of India's coronavirus lockdown will likely be extensive and reflect the country's inherent economic vulnerability and fiscal constraints.
The Finance Minister, Nirmala Sitharaman reacted sharply on the comments made by Congress over the COVID-19 economic package announcement.
New Delhi, Hyderabad, Karnataka, Prayagraj, Bengaluru, COVID-19
Goa CM said that they are considering to resume restaurant services for home delivery, public transport services within the state.
Chief Minister Ashok Gehlot welcomed the government's economic package on MNREGA package but added that if beneficiaries will get money after a month then what's the use.
Former Finance Minister P Chidambaram on Monday said that the fiscal stimulus package announced by the government is "hopelessly inadequate" given the gravity of the economic crisis as it amounts to only Rs 1.86 crore, which is 0.91 per cent of the GDP. The party sought a revised and comprehensive package of 10 per cent of the GDP.
Madhya Pradesh Chief Minister Shivraj Singh Chouhan has said that lockdown 4.0 guidelines on what will remain open and what not in the state will be released by today (Monday) evening.
The US economy will recover from the COVID-19 pandemic, but the process could stretch through until the end of 2021, Federal Reserve Chairman Jerome Powell has said.
Union Finance Minister Nirmala Sitharaman addressed the media to announce the fifth and the final tranche of the stimulus package worth Rs 20 lakh crore declared by Prime Minister Narendra Modi on Tuesday. In the last 4 days, the finance minister has announced a series of initiatives taken by the government to ease the path ahead as country reels from the coronavirus pandemic.
Union Finance Minister Nirmala Sitharaman has announced the 5th and the final tranche of the Rs 20 lakh economic stimulus package announced by Prime Minister Narendra Modi on Tuesday. Big announcements were made by the finance minister on several fronts. From the Health Sector to the privatisation of public sector enterprises, Nirmala Sitharaman took the aggressive approach in healing the economy from the hit taken by the coronavirus pandemic.
Reacting on Prime Minister Narendra Modi's economic announcements of Rs 20 lakh crore COVID-19 economic package,Rahul Gandhi on May 16 said that today our poor people need money,I am requesting PM Modi that he should reconsider this package.
Congress leader Anand Sharma on May 15 said the central government is not even giving 2% of the GDP in name of economic package to mitigate effects of COVID-19 pandemic.
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Ashok Chavan suggested govt to improve the economic condition of the country by taking gold from the religious trusts
The total death toll due to novel coronavirus has claimed more than 31,300 lives. As of today, Italy's death toll stood at 31,368, bringing the total number of cases, including fatalities and recoveries, so far to 223,096, according to the latest data released by the country's Civil Protection Department.
It was the second day of the press address of Finance Minister Nirmala Sitharaman who elaborated more on 20 lakh crore relief package announced by Prime Minister Narendra Modi some days ago.
Uttar Pradesh Chief Minister Yogi Adityanath welcomes Centre's economic package
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