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April 20 plan: Govt to meet with lenders on revival of economic activity

Action plan will have two phases: one for lockdown period when the economy activities resume, from April 20 to May 3, and the second after the lockdown period is over

PSBs. (Illustration by Ajay Mohanty)
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The government on Wednesday allowed resumption of certain economic activities in areas where there are no Covid-19 cases. | (Illustration by Ajay Mohanty)

Somesh Jha New Delhi
The government is set to hold a meeting with chief executives of public sector banks and other lending institutions on Thursday to draw an action plan to offer financial support to economic activities that will restart on April 20.

The action plan will have two phases: one for the lockdown period when the economy activities resume, from April 20 to May 3, and the second after the lockdown period is over.

The meeting, which will be chaired by financial services secretary Debashish Panda over video conference, will be attended by the chief executives of all PSBs along with the management of National