India’s PM announces $266 billion coronavirus relief package

India’s PM announces $266 billion coronavirus relief package

India’s PM Modi announced a relief package of $266B, approx 10% of the country’s GDP, to kick-start a pandemic-battered economy that is in lock down for the last 50 days. Modi said the package will ’build a self-reliant India’, and it focuses on ’the cottage, small and medium-scale industries.’ India’s 3rd phase of lockdown will end on 17th of May and the govt is mulling over how to come out of it

Chris
Chris
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