Many economists have concluded that the additional spending boost is far less than the 10% of gross domestic product that the headline number suggests.
Economic package assumes people will go back to villages, and rural incomes need to be boosted. Modi govt seems to be trying to give them employment there.
Doubts over the fiscal stimulus package, extension of nationwide lockdown till 31 May & spike in Covid-19 cases weighed on investor sentiment, said traders.
In a series of press conferences over the past five days, Finance Minister Nirmala Sitharaman unveiled details of the Rs 20 lakh crore stimulus package announced by PM Modi last week.
The trade union said it strongly objected to announcements on the corporatisation & privatisation in 8 sectors and alleged the govt is shying away from consulting with trade unions.
Assam CM can’t celebrate that the Congress drew a blank in the Bodoland Territorial Council polls in 2010 as well as 2015, and bagged only one in 2020.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
In post on social media, Cooper narrated experience of MiG-21 researcher from Germany who wanted to attend aircraft’s farewell ceremony in India, and the roadblocks he faced.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
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