PM Narendra Modi raises stimulus size to 10% of GDP

PM Narendra Modi raises stimulus size to 10% of GDP

IndiaTimes

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PM Modi said a package, which includes measures already announced by the RBI and the finance ministry, would be equal to 10% of the country’s gross domestic product (GDP). The RBI had announced support equal to 3.2% of GDP and the Garib Kalyan Yojana unveiled by Sitharaman on March 26 accounted for 0.8% of GDP.

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