PM announces 20 lakh crore financial relief package

PM announces 20 lakh crore financial relief package

It will focus self -reliance, lockdown will continue  with new significant changes

Indian  Prime Minister Narendra modi  addressed to the country on Tuesday. he said,''we have been hearing for many years that 21st century will be Indian century. and this crises is , I believe, One that carries message that we have to move forward not just to combat the crises but to prevail. That can happen when we are self-reliant. Local production help us look at several global brands. they began as local but were marketed and raised to a global level.we have to do some with our produce. we need be vocal about local"

Prime Minister said on Tuesday that a new lockdown 4.0 beyond may 17  was in the offing. and a new lockdown 4.0 will apply to new significant changes. he announces 20 lack crore for economic stimulus. this amount is 10 % of GDP. This amount includes  package already announced at the beginning  of the lockdown from the RBI and payout under the pradhan mantri garib kalyan yojana.

He said that ramp-up capacity Personal Protection Equipment (PPE) kits and N95 masks required by medical personnel and frontline  health workers.