Business Standard

Govt's second stimulus likely this week, may keep industry waiting

Small businesses, farmers, women, poor, migrant workers to benefit from latest measures for political messaging.

Finance minister, FM, Nirmala Sitharaman

The first package announced by Finance Minister Nirmala Sitharaman was around 0.8% of GDP, much smaller compared to most other G-20 nations

Arup Roychoudhury New Delhi
After multiple rounds of discussions within the government, Finance Minister Nirmala Sitharaman is likely to announce this week a second round of stimulus package, for the most affected sections of society.
The beneficiaries of the second set of announcements are expected to be micro, small, and medium enterprises, farmers, women, poor, migrant workers, and other marginalised sections of the society.
However, the industries seeking support from the government, and the ones that are worst hit by the lockdown such as aviation, hospitality, automobiles, real estate, and logistics will have to wait. Any support for sectors and big industry will only

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First Published: Apr 28 2020 | 8:29 PM IST

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