Festive season India to remain more vivid!
` 73,000 crore to stimulate consumer spending! Finance Minister announces measures of ` 73,000 crore to stimulate consumer spending before end of this Financial Year in fight against COVID-19 Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman here today announced measures of ` 73,000 crore to stimulate consumer spending in the economy in an effort to fight the slowdown due to Covid-19 pandemic following lockdown. Union Minister of State for Finance & Corporate Affairs Shri Anurag Singh Thakur, Finance Secretary Dr Ajay Bhushan Pandey, Department of Financial Services Secretary Shri Debashish Panda and Department of Economic Affairs Secretary Shri Tarun Bajaj were also present during the announcement of stimulus package. While announcing the demand stimulus package, Smt. Sitharaman said, “Indications are that savings of government and organised sector employees have increased and we want to incentivise such people to boost dema...