Here’s What To Expect From The Rs 20 Lakh Crore Stimulus

The Rs 20 lakh crore package is inclusive of the earlier stimulus announced in March. It includes Rs 1.7 lakh crore package of free foodgrains to poor and cash to poor women and elderly and also the Reserve Bank's liquidity measures and interest rate cuts. The March stimulus was 0.8 per cent of GDP while RBI's cut in interest rates and liquidity measures adds up to 3.2 per cent of the GDP (about Rs 6.5 lakh crore).

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