Prime Minister Narendra Modi yesterday announced a Special economic package of ₹ 20 lakh crores – equivalent to 10% of India’s GDP. He gave a clarion call for आत्मनिर्भर भारत अभियान or Self-Reliant India Movement. He also outlined five pillars of Aatmanirbhar Bharat – Economy, Infrastructure, System, Vibrant Demography and Demand. Today, Finance Minister Nirmala … Continue reading
Finance Minister Nirmala Sitharaman today announced the third tranche of Aatmanirbhar Bharat economic package. The first tranche of economic package focussed on MSMEs and NBFCs. The second tranche of economic package focused on migrant labours, street vendors, poor, and small traders. The third tranche of economic package focuses on agriculture and allied activities. Following measures … Continue reading
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Union Finance Minister Nirmala Sitharaman today announced the fifth and final tranche of the ₹ 20 lakh crores Atmanirbhar Bharat economic package. The final tranche of the Self-Reliant India economic package focused on the health sector, ease of doing business, online education, MNREGA, decriminalisation of Companies Act, Public Sector Undertaking (PSU), and state governments. MNREGA … Continue reading
Union Finance Minister Nirmala Sitharaman today announced the fourth tranche of the ₹ 20 lakh crore Atmanirbhar Bharat economic package. The fourth tranche of Self Reliant India economic package focused on structural reforms of 8 sectors – coal, minerals, defence production, civil aviation, power distribution, social infrastructure, space, and atomic energy. Policy Reforms to fast-track … Continue reading
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Curefit has reportedly laid off over 800 employees across and shut down a number of gyms and centres across India and the UAE
In a bid to address the economic concerns due to COVID-19, the Reserve Bank of India (RBI) Governor Shaktikanta Das today slashed the reverse repo rate by 25 basis points to 3.75 per cent, repo rate remains unchanged at 4.40 per cent. Last month, the RBI had advanced its monetary policy committee (MPC) meet where … Continue reading