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India said to plan COVID-19 economic stimulus package – Bloomberg

A view shows empty roads during a 14-hour long curfew to limit the spreading of coronavirus disease (COVID-19) in the country, in Ahmedabad, India, March 22, 2020. REUTERS/Amit Dave

India is preparing an economic stimulus package for the sectors worst affected by COVID-19, Bloomberg reported on Tuesday, citing people familiar with the matter.

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The finance ministry is working on proposals to bolster the tourism, aviation and hospitality industries, along with small and medium-sized companies, Bloomberg reported.

The discussions were at an early stage and no timeline for an announcement was decided, the report added.

REUTERS

MAY 25, 2021

Our Standards: The Thomson Reuters Trust Principles.

https://www.reuters.com/world/india/india-said-plan-covid-19-economic-stimulus-package-bloomberg-2021-05-25/

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