Naidu welcomes special eco package announced by PM

Vice President M Venkaiah Naidu on Wednesday welcomed the Rs 20 lakh crore stimulus package announced by Prime Minister Narendra Modito revive the COVID-hit economy, saying it will go a long way in overcoming challenges posed by the pandemic.

Prime Minister Modi on Tuesday announced massive new financial incentives on top of the previously announced packages for a combined stimulus of Rs 20 lakh crore.

"Bold reforms are the need of the hour to realise the dream of Atmanirbhar Bharat (self-reliant India)," Naidu wrote on Twitter.

The vice president said he is sure that the "timely economic package will go long way in overcoming challenges posed by the unprecedented COVID-19 pandemic.