Stimulus package framed after meetings with Modi may come this weekend

The prime minister is clear that he wants the economy to be kick-started

After revoking Article 370 granting special status to Jammu and Kashmir in a seamless manner and the security dragnet in the erstwhile state not resulting in a single bullet being fired, Prime Minister Narendra Modi has begun to focus on the beleaguered economy.

In his meeting with Finance Minister Nirmala Sitharaman and her team, Modi argued for quick alleviation measures. With the FPI surcharge causing cataclysmic corrections in the capital markets, the BSE Sensex has seen a drop of 8 per cent since early June, accentuated after the Budget speech which imposed the tax, and the Prime Minister is reportedly