New Delhi, May 12 (PTI) Prime Minister Narendra Modi announced a special economic package, and said the recent decisions by the government, the decisions by the RBI combined with Tuesday’s financial package announcement come to about Rs 20 lakh crore – nearly 10 percent of India’s GDP.
There is unprecedented crisis but India will neither get tired nor give up the fight against coronavirus, Modi said, and asserted that “we have to protect ourselves and move ahead as well”.
Special economic package is for our labourers, farmers, honest tax payers, MSMEs and cottage industry, the prime minister said in a televised address to the nation.
India is standing on five pillars –economy, infrastructure, governing systems, vibrant democracy and supply chain.
Highlights of PM Modi’s speech:
👉PM #NarendraModi announces special #EconomicPackage of 20 Lakhs Crore, Special economic package will have emphasis on land, labour, liquidity and laws.
👉Self-determination is the key says #PMModi. We have to win this war. The special package covers all and all our sectors would have better quality says PM #NarendraModi.
👉 LOCKDOWN 4.0 will have new rules ! States will play crucial role in formulating new guidelines – PM #NarendraModi.
👉PM Modi. All details on Lockdown 4 will be out before May 18.
👉PM Modi: Lockdown 4 will be based on inputs we are getting from the states. Information on this will be given to you before May 18. We will fight cororna, while also moving ahead.
👉Medicines supplied by India have infused new hopes in the world which is fighting battle of life and death: PM Modi.