A day after the RBI projected economic contraction in 2020-21, Finance Minister Nirmala Sitharaman on Saturday said future fiscal policy actions to stimulate the economy will depend on how COVID-19 pandemic pans out.The government has already announced a Rs 20.97 lakh crore economic package, which includes Reserve Bank’s Rs 8.01 lakh crore worth of liquidity measures till May 17.Ms Sitharaman said making a “realistic assessment” of economic growth would be difficult at this point of time as there is no clarity on when the pandemic would retreat.
Related Posts
200 safe homes for migrant patients
The Mamata Banerjee government has decided to set up 200 safe homes in Bengal to keep Covid-19 migrant workers with…
“Never Said PM Should Be Removed”: Mamata Banerjee.
West Bengal Chief Minister Mamata Banerjee on Friday hit out at the opposition BJP for “engaging in politics” at a…
IAS officer Tina Dabi engaged to IAS officer Dr Pradeep Gawande
Tina Dabi, an IAS officer topped the civil service exams in 2015. She recently got engaged to Indian Administrative Service…