Finance ministry is working on another stimulus report to propel economic growth

nirmala sitharaman indias finance minister in news photo

nirmala sitharaman indias finance minister in news photo

According to the sources reports, the finance ministry of the Modi government is preparing stimulus reports to accelerate the economic growth in the worst hit sectors like tourism, aviation and hospitality  and medium and small size industries with economic support plans to boost these industries and the professionals working there. 

Days back news about Nirmala Sitharaman the finance minister talking to various experts about the stimulus packages came to the forefront, and she said that she is working on the monitoring of the economy in a very detailed fashion so that the budget can be allocated fairly. Some suspect that the stimulus package will consist of additional guarantees,  relaxation on taxes and more focus on startups which will not require government farms for the budget to be used as a government can't afford   its budget on a particular field due to limited funds as of now. Some Indian economists demand the shift of ferns to more of the health sector after looking at the condition in the present time.

Source- business standard

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