Rs 20 Lakh Cr ‘Self-Reliant’ Package Delivers Promise of Liquidity

What does the Rs 20 lakh crore worth package mean for businesses and citizens? Tune in to The Big Story!

A fiscal package worth Rs 20 lakh crore – equivalent to 10% of India’s GDP – comes from the government, after close to two months of a COVID-19 lockdown.

(Photo: The Quint)

A fiscal package worth Rs 20 lakh crore – said to be equivalent to 10 percent of India's GDP – comes from the government after close to two months of the COVID-19 lockdown. Prime Minister Narendra Modi made this announcement as he brought home a new aspiration – Atmanirbhar Bharat Abhiyan, in other words, a self-reliant India.

A day after Modi's address, on 13 May, Finance Minister Nirmala Sitharaman gave us a brief insight into what the economic package would entail. What does this package mean for businesses and citizens? Tune in to The Big Story!