Posted inIndia

Modi’s rescue package leaves the economy to sink

JAIPUR – Prime Minister Narendra Modi’s Indian government has unveiled a US$85 billion package to jump-start the economy after a second Covid wave. The package, announced on June 26, is worth about 3% of gross domestic product (GDP) and includes $14 billion in loan guarantees and concessional credit for pandemic-hit sectors like tourism and building […]

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