Industry wants phased exit from lockdown, up to Rs 23 trillion package

While Assocham demanded Rs 15 trillion-23 trillion package, Ficci called for Rs 9-10 trillion

Industry has demanded a calibrated lifting of the lockdown as soon as it is feasible and a Rs 23 trillion economic rescue package for itself and weaker sections of the society. 

While Assocham demanded a Rs 15-23 trillion package ($200 billion to $ 300 billion), Ficci called for a Rs 9-10 trillion stimulus, PHDCCI asked for Rs 9 trillion and CII backed a rescue package of 2 per cent of GDP. 

Two per cent of the GDP comes to about Rs 4.5 trillion if the size of the economy is assumed to be Rs 224.89 trillion for FY21 on the basis of