Rs 20 lakh crore economic package: FM Nirmala Sitharaman to address a press conference at 4 pm
The press conference comes a day after Prime Minister Narendra Modi announced an economic package of Rs 20 lakh crore to tackle the COVID-19 outbreak.
Finance Minister Nirmala Sitharaman will address a press conference at 4 pm on May 13 detailing the Rs 20 lakh crore economic package announced by Prime Minister Narendra Modi on May 12.
Finance Minister Smt. @nsitharaman will address a Press Conference today, 13th May 2020, at 4 PM in New
— Ministry of Finance
* Announcement of special economic package, which will work on the needs of a self-reliant India. * I am announcing an economic package of Rs 20 lakh crore today under the Atmanirbhar Bharat Abhiyan. * This amount is about 10 percent of India's GDP * A package of Rs 20 lakh crore in 2020 will give impetus to the self-reliant India campaign. * Will work for Land, Labor, Liquidity and Law each * This package will provide assistance for cottage industry, housing industry, small and medium industry. * This is a package for the workers and farmers of the country who work day and night for the countrymen. * From tomorrow for a few days, the Finance Minister will give special information about the package related to the self-reliant India campaign.
* Corona Crisis has realized the importance of local market, local supply chain, local products. The locals are saving us. Local should be our life mantra. * What is global today was local at every single stage. But it has become global by winning the trust of the people. * Let us be the vocalists for the local system of India. * Corona removal is not possible as soon as possible, but it does not mean that we get tired. We will wear masks, we will follow the distance but we will not keep distance from the target. * The fourth phase of the lockdown will be a new look, with new rules
* Lockdown as per instructions received from the States.4 Information regarding May will be available before 18th May. * I believe we will fight Corona and move on. * Self-reliance will give us happiness and also make us strong. * Self-reliant India is the new resolve of the new India.