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Measures in stimulus package aimed at greater multiplier effect: Sitharaman.
May 21, 2020

Finance Minister Nirmala Sitharaman has said that the Central government’s measures in the special economic package to deal with the impact of coronavirus crisis were aimed at 'greater multiplier effect' and it should be through banks for meeting the fixed cost expenditure and for working capital.
 
Sitharaman told ANI in an interview on Wednesday that the Central government has given some cash transfer in the PM Garib Kalyan scheme announced after the first coronavirus induced lockdown.
 
'It was important to give stimulus for businesses to start off. In the PM Garib Kalyan scheme -- introduced after lockdown, we gave some cash transfer. With that done, we weren’t closing the option,' Sitharaman said when asked if the government considered more immediate measure while deciding economic package.
    

Hindustan Times

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