Rediff.com  » News » Govt mulling another package to lessen lockdown impact

Govt mulling another package to lessen lockdown impact

Source: PTI  -  Edited By: Roshneesh Kmaneck
April 05, 2020 19:57 IST
Get Rediff News in your Inbox:

The government has started working out the possible post-lockdown scenarios and is considering another booster shot to minimise the impact of coronavirus and revive the economy but nothing has been finalised yet, senior officials said on Sunday.

IMAGE: Empty supermarket shelves greet a shopper at Sion in north central Mumbai. Photograph: Kunal Patil/PTI Photo

The focus is on issues that may come up after the lockdown is lifted on April 15, an official said.

There have been discussions about a package but nothing has been finalised yet, the official said, adding that the idea is to revive consumption, "so some measures might be needed."

 

If a package is announced, it would be the third major initiative by the government to tackle the challenges thrown up by the rapid spread of coronavirus.

On March 24, hours before Prime Minister Narendra Modi declared a countrywide lockdown, Finance Minister Nirmala Sitharaman announced a slew of relief measures for taxpayers and businesses.

Two days later, Sitharaman announced a Rs 1.7-lakh-crore relief package for those hit hardest.

On Sunday, the officials said they are also looking at the possibility of redesigning some welfare and other government schemes to suit the post-lockdown situation.

Various options are on the table -- such as scholarships and fellowships given by ministries, harvesting of rabi crops and the government has started to address them one by one, they said.

Out of the 10 empowered groups of senior bureaucrats constituted by the prime minister to prepare India's response to COVID-19, one group is tasked to suggest economic measures.

An informal group of ministers, chaired by Defence Minister Rajnath Singh, is also looking into various aspects of the lockdown.

Get Rediff News in your Inbox:
Source: PTI  -  Edited By: Roshneesh Kmaneck© Copyright 2020 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
SHARE THIS STORY