Tuesday, September 16, 2025
spot_img

PM announces total economic stimulus of Rs 20L cr, 10% of GDP

Date:

Share post:

spot_imgspot_img

NEW DELHI:  Prime Minister Narendra Modi on Tuesday announced a massive financial package to revive the country’s economy by announcing a total stimulus of Rs 20 lakh crore, or 10 per cent of the country’s GDP.

This amount also includes the earlier packages announced by the Ministry of Finance and the Reserve Bank of India (RBI).

Addressing the nation for the third time during the lockdown, the Prime Minister said that it is now the time to make India self-reliant in every way.

Modi also talked about new infrastructure and systems for a quantum leap of growth.

spot_imgspot_img

Related articles

RGU holds AICTE-VAANI national conference in Assamese language

Guwahati, Sept 16 : The Assam Royal Global University (RGU) successfully hosted a two-day national conference under the AICTE-VAANI...

Mauritius PM calls on President Murmu, concludes State Visit to India

New Delhi, Sep 16: Mauritius Prime Minister Navinchandra Ramgoolam called on President Droupadi Murmu at the Rashtrapati Bhavan...

Stock market soars amid India-US trade talks and Fed rate cut hopes; Sensex up 595 points

Mumbai, Sep 16: The Indian equity indices experienced a sharp rally on Tuesday, buoyed by the resumption of...

After GST rate cut, govt waives mandatory re-labelling of medicines

New Delhi, Sep 16: In a major relief for the pharma sector, the government has dismissed the mandatory...