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Latest Articles in Economic package 2020
Experts Welcome Major Reforms in Defence Production, Coal, Mining, Airports
Finance Minister Nirmala Sitharaman announces structural reforms in coal, minerals, defence production, airports and civil aviation, power distribution, space and atomic energy. The last of the five-part economic package will be released on Sunday morning
Read MoreFM Proposes Slew of Measure to Boost Agri-Business
Amendments in the Essential Commodities Act, A Pan-India market for agriculture produce, Rs 1 Lakh crore for strengthening agri-infrastructure and E-Trading of produce were among the major announcements on Day 3 of economic stimulus package during Covid19 crisis
Read MoreIndian Shares Slide As Stimulus Fails To Excite; Powell's Grim Outlook Weighs
Banking and IT stocks fell the most as markets parsed India's announcement of nearly $60 billion of loan guarantees for small businesses, shadow banks and power companies.
Read MoreExpert Views: India Unveils $60 Billion Credit Line For Small Businesses, Lenders Hit By Lockdown
While India announced the loan package for small businesses, shadow banks and power companies as part of measures to combat the economic damage caused by the coronavirus pandemic, check how the industry reacted.
Read MoreModi Govt Slew of Measures For Economic Relief Since Covid-19 Lockdown
Even before the 15 measures announced on May 13, the Modi Government had put in place a slew of economic measures as India went into the First Phase of Lockdown starting March 25, 2020.
Read MoreGoI Rolls Out A Slew Of Measures To Support Corporate India
At a personal level, reduction in TDS rates by 25% will help put more money in the hands of individuals.
Read MorePM-Kisan, PM Fasal Bima Yojna, DBT Proved Savior of Rural Community: Sitharaman
Finance Minister Nirmala Sitharaman highlighted schemes rolled out earlier by the current regime for instance PM-KISAN FASAL BIMA YOJNA, Fisheries reform and DBT. FM had termed these schemes as game changer during lockdown.
Read MoreChandrababu Hails Modi's Rs 20 Lakh Cr Stimulus Package
Stating that TDP has always put people's wellbeing on top priority for last 4 decades, Naidu said that the national level committee under the leadership of TDP during Vajpayee's rule made such ground-breaking recommendations that brought about landmark developments in the telecommunications sector.
Read MoreDetermine To Redefine The Growth Model Amidst This Economic Crisis By Pushing Manufacturing & Trading Units: Gujarat CM, Vijay Rupani
BW Businessworld’s Manish Kumar Jha in a special edition on States' measures & economic policies for Covid-19, spoke with Gujarat Chief Minister Vijay Rupani over the phone. Issues ranging from labour to MSME and export amid the hope for flattening the Covid-19 curve, he is talking his way forward for an economic recovery.
Read MoreNirmala Sitharaman Meets PM Modi; Will Govt Announce Economic Package To Counter COVID-19 Impact Today?
Due to lockdown, several sectors are not running in their full capacity. Many distressed sectors have already demanded a bailout financial package/economic package in order to remain in business.
Read More