Rs 20-trn package need of the hour, will unleash economic growth: India Inc

Industry bodies said the Make In India flagship will emerge as a key catalyst for attracting new investment, driven by much needed bold reforms in the areas of land, labour and liquidity

India Inc on Tuesday said Prime Minister Narendra Modi's announcement of a Rs 20 trillion stimulus package was the "need of the hour" as it will pave the way for post pandemic recovery and unleash the next wave of economic growth.

In his speech, Modi announced that the total stimulus India is marshalling together to limit the impact of the COVID-19 crisis on the economy will be a little less than 10 per cent of the GDP and Finance Minister Nirmala Sitharaman will be announcing the exact details soon.

Industry bodies said the Make In India flagship will emerge as a key