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PM: RS. 20-LAKH-CRORE ECONOMIC STIMULUS PACKAGE

Why in news?

The Prime Minister, on 12th May, announced an economic stimulus package for ₹20-lakh-crore (estimated at 10% of the GDP), with a clearly defined leap towards economic reforms that will lead to Atmanirbhar Bharat, or a self-reliant, resilient India.

Details

PM Modi's Address to the Nation on COVID -19 Pandmic Lockdown and Relief

This amount includes packages already announced at the beginning of the lockdown incorporating a slew of measures from the RBI and the payouts under the Pradhan Mantri Garib Kalyan Yojana.

Click Here to read about the “Aatmanirbhar Bharat” Announcement by the PM

-Source: The Hindu

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May 2022
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