PM Modi|PM Modi said measures announced by FM will help in stimulating economic activities
Prime Minister Narendra Modi
- PM Modi said that importance has been given to help our farmers
- He said- more assistance has been announced for our small entrepreneurs and self-employed individuals
- Where many initiatives including financial assistance are being taken to help the people associated with tourism.
New Delhi: Finance Minister Nirmala Sitharaman on Monday announced a relief package of Rs 6,28,993 crore to support the Indian economy in the fight against the COVID-19 pandemic. Prime Minister Narendra Modi has said that the measures announced by the Finance Minister will help in stimulating economic activities, boosting production and exports and generating employment.
PM Modi said- “Importance has been given to help our farmers. Several initiatives have been announced which reduce their cost, increase their income and support greater resilience and sustainability of agricultural activities. Huh.”
He also outlined the measures taken for health care, health facilities for children, farmers, small entrepreneurs and self-employed persons. In a series of tweets, the Prime Minister said the measures announced would enhance public health facilities.
The PM further said, “Further support has been announced for our small entrepreneurs and self-employed individuals, so that they can sustain and expand their business activities. Including financial assistance to help those involved in tourism. Several initiatives are being taken.” The measures will help in stimulating economic activity, boosting production and exports and generating employment. The PM said the result-linked power distribution scheme and streamlined processes for PPP projects and asset monetization reflect our government’s continued commitment to reforms.
It is worth adding that the Finance Minister announced eight economic relief measures, of which four are new, with one item specifically related to health infrastructure. He also announced eight other items related to development, trade and employment, of which six are new.
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