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PM reviews coronavirus impact on economy; govt considers another stimulus

The prime minister had on April 14 extended the nationwide lockdown till May 3 to check the rapid spread of the respiratory illness

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Prime Minister Narendra Modi interacts with chief ministers via videoconferencing to discuss ways to check the spread of coronavirus.

BS Web Team New Delhi
Prime Minister Narendra Modi on Thursday reviewed the impact of coronavirus on the Indian economy and discussed a possible second stimulus to boost sectors hit hard by the pandemic. Modi held discussions with Finance Minister Nirmala Sitharaman on the ongoing situation.

The meeting comes amid a drastic reduction in GDP growth forecast by various multilateral funding agencies for the current fiscal due to the impact of coronavirus and consequent lockdown. State of the economy was discussed in detail during the meeting, sources said, adding resource mobilisation for taking on the future challenges was also highlighted.

The prime minister had on