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Update on Government stimulus package - part1

Published on 15th May 2020
Technology

Focus on agriculture and MSME sector along expected lines
The Finance minister has announced the first two tranches of the second part of the ` 20 lakh cr. economic package. The focus of the economic package so far has been on ensuring credit flow to essential sectors like agriculture, MSME and Power in order to ensure that the economy doesn’t come to a standstill. Markets however have been disappointed by the package so far given the lack of actual cash spending by the Government which was the need of the hour.

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