Coronavirus in India: Economic task force yet to be formed; no decision on relief package

Coronavirus in India: Economic task force yet to be formed; no decision on relief package

Special COVID-19 economic task force announced by Prime Minister Narendra Modi on Thursday will likely work on an economic package for the sectors most affected by the coronavirus outbreak, including informal sectors

Advertisement
Prime Minister Narendra Modi has said the task force will ensure that all necessary steps are taken to reduce the economic difficulties arising out of COVID-19 outbreakPrime Minister Narendra Modi has said the task force will ensure that all necessary steps are taken to reduce the economic difficulties arising out of COVID-19 outbreak
BusinessToday.In
  • Mar 20, 2020,
  • Updated Mar 21, 2020 3:05 PM IST

FM Nirmala Sitharaman met ministers of tourism, MSMEs, civil aviation, and animal husbandry to take stock of sectors imapct by the coronavirus outbreak. The Finance Minister will hold more meetings with different ministers. Inputs from these meetings will be used by the COVID-19 economic response task force when it is constituted.  The task force is yet to be formed as these meetings between FM Sitharaman and her cabinet colleagues were scheduled before PM's announcement. No decision has been made as of yet regarding a relief package for coronavirus-hit sectors.

Advertisement

The special COVID-19 economic task force announced by Prime Minister Narendra Modi on Thursday will likely work on an economic package for the sectors most affected by the coronavirus outbreak, including informal sectors. He said the task force would ensure that all necessary steps were taken to reduce the economic difficulties arising out of the crisis. He also urged the FM-led task force to implement them effectively.

FM Nirmala Sitharaman met ministers of tourism, MSMEs, civil aviation, and animal husbandry to take stock of sectors imapct by the coronavirus outbreak. The Finance Minister will hold more meetings with different ministers. Inputs from these meetings will be used by the COVID-19 economic response task force when it is constituted.  The task force is yet to be formed as these meetings between FM Sitharaman and her cabinet colleagues were scheduled before PM's announcement. No decision has been made as of yet regarding a relief package for coronavirus-hit sectors.

Advertisement

The special COVID-19 economic task force announced by Prime Minister Narendra Modi on Thursday will likely work on an economic package for the sectors most affected by the coronavirus outbreak, including informal sectors. He said the task force would ensure that all necessary steps were taken to reduce the economic difficulties arising out of the crisis. He also urged the FM-led task force to implement them effectively.

Read more!
Advertisement