 "Overnight schemes gain traction as Sebi tightens norms on liquid funds")
States on Saturday demanded a package of up to Rs 10 trillion from the Centre and dues such as compensation on account of goods and services tax (GST), besides front-loading grants to local bodies. They also wanted the Reserve Bank of India (RBI) to go for deficit financing, which is printing notes, to help these packages.
During the virtual meeting with Prime Minister Narendra Modi, West Bengal Chief Minister Mamata Banerjee asked for a national economic relief package of Rs 10 trillion, which can be disbursed to the states.
Funds from this can be used to fight the pandemic as well as
