History, asked by vickgames001, 10 months ago

How is our democratic government preparing and giving economic stimulus to combat the economic shock


vickgames001: during lockdown

Answers

Answered by Anonymous
1

Answer:

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Answered by smartbrainz
1

The FM changes are comprehensive and involve a wide variety of practices that most right-minded individuals have been seeking for more than three decades.

Explanation:

  • The stimulus package for India by the govt, is worth INR 20 trillion (US dollars 265 billion), which is equivalent to about 10 per cent of the nation’s GDP. It appears to be in line with the sums expended on the effects of the Covid-19 pandemic by certain affluent OECD economies. The government has tried to address the problem, instead of wasting money it does not have.
  • The plan will concentrate on land, labor, liquidity & legislation and include sectors such as agricultural businesses, small and medium-sized companies, industry, & working middle class. He also spoke about the empowerment of poor, migrant workers, labourers of organised & unorganized sector, the poor,
  • This Covid relief package, named "Atmanirbhar Bharat Abhiyaan", puts bold reforms at the heart of govt to make the nation self-reliant so that any other future crises might be effectively dealt with.

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