Coronavirus update: India fights economic epidemic amid lockdown to curb Covid-19 spread
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New Delhi, March 26 -- India on Thursday announced a Rs 170,000 crore package under a new scheme, the Pradhan Mantri Gareeb Kalyan Yojana (PMGKBY), to address the immediate economic distress in the wake of the lockdown prompted by the coronavirus disease (Covid-19) pandemic, and ensure food and cash reaches the marginalised segments of society.
Finance minister Nirmala Sitharaman, at a press conference in the Capital, announced a series of measures which focused on additional food transfers at no cost, cash for vulnerable segments, concessions on government schemes aimed to help households reduce their expenditure, and support those on the frontline of the battle against the pandemic. The primary beneficiaries of these measures include t...
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