India announces $22.6 billion stimulus package to deal with virus fallout

Author: Justin Low | Category: News

India steps up its fiscal response on the situation

  • Looking at cash transfers, food security-related measures
  • To provide insurance to healthcare provider of up to 5 million rupees each
More and more fiscal stimulus measures are being introduced by governments everywhere amid the lockdown/containment efforts. But the question remains, is all of this enough as the virus spread continues to cast a large shadow over the world economy.

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