Stimulus package to boost growth, but need sector-wise bailout: CEO poll

Want cash dole for poor, I-T cut to create demand

The Rs 20-trillion package announced by the Narendra Modi government will help revive the economy, but chief executive officers (CEOs) of top Indian firms are disappointed at the lack of sector-specific measures. 

The government should have announced steps that would have generated demand from consumers by giving direct cash doles to the poor and tax benefits to the middle class, said CEOs. 

In a nationwide poll of 25 industry leaders on Sunday, 64 per cent said the package announced by Finance Minister Nirmala Sitharaman over the past five days will boost a sluggish economy, but 88 per cent of CEOs