PM Modi Announces Economic Package of Rs 20 Lakh Crore


Narendra Modi Speech updates 20 lakh crore package
Prime Minister Narendra Modi addressed the nation today in view of the Covid-19 crisis in India.

Here are the key points of his speech:

1) The world is adversely suffering from the Covid-19 crisis and there are around 42 Lakh Cases and 2.75 Lakh deaths.

2) People have to live with the virus and be self-confident to defeat the virus.

3) Around 2 Lakh N-95 Masks and PPE Kits are produced in India everyday.

4) There will be a financial package for the nation especially for housing, food, and living of poor.

5) 20 LAKH CRORE, i.e. 10% of the country’s GDP will be injected into the economy.

6) This will provide relief to the citizens of the country and the Micro and Small Medium Enterprises(MSMEs) along with the loyal taxpayers and the poor migrant laborers will be benefited from the relief package under AATMA NIRBHAR BHARAT YOJANA.

7) LOCKDOWN 4.0 is declared.

8) LOCKDOWN 4.0 will have the regulations suggested by the State Governments.

9) The State Governments in coordination with Central Government will form the rules applicable to the particular geographical boundaries of the state.

10) The Finance Minister will further address the disbursement of the 20 Lakh Crore Financial Package.

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