Economic package of Central Govt will help poor people: MoS Home Nityanand Rai

Image
ANI Politics
Last Updated : Mar 26 2020 | 8:25 PM IST

Minister of State for Home Affairs Nityanad Rai on Thursday welcomed the economic package of Rs 1.70 lakh crore announced by the Finance Minister Nirmala Sitharaman and said that the package will help the poor and backward sections of the country.

"Prime Minister Narendra Modi is very sensitive towards the needs of poor sections of the society. In the lockdown, he is making all efforts to sort out problems being faced by the poor. The government is providing money directly to farmers' accounts and additional benefits of gas cylinder and 3 months' rations to 80 crore people are being provided," MoS Home Rai told ANI.

Finance Minister Nirmala Sitharaman has announced a slew of measures to deal with the economic distress caused due to the coronavirus pandemic and the subsequent lockdown announced to deal with the situation.

The finance minister had already announced some measures on Tuesday that included the extension of tax deadlines, easing minimum balance norms for a savings account, and increasing threshold of insolvency.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 26 2020 | 8:13 PM IST

Next Story