NEW DELHI: The government on Thursday announced a Rs 1.7 lakh crore package focused on emergency cash transfers into bank accounts of the poor, along with providing free foodgrains, pulses and cooking gas for three months in a bid to cushion them from the impact of the coronavirus lockdown and economic disruption caused by the disease.
Announcing the relief measures, finance minister Nirmala Sitharaman, however, did not touch on loan concessions or support for the corporate sector and middle class, saying other concerns would be “considered separately”. It is expected that more measures aimed at helping business could be on the anvil. Two days ago, an extension in compliance deadlines relating to GST and income tax filings had been announced.
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