Meanwhile, Asian shares were up and oil prices hit a five-week peak as countries' efforts to re-open their economies raised hopes that the world could soon emerge from recession.
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Finance minister Nirmala Sitharaman announced the final tranche of mega Covid-19 package on Sunday, with focus on MNREGA, education and health.
The Finance Minister on Saturday said that the central government will introduce competition, transparency and private sector participation in the coal sector and will do infrastructure development of Rs 50,000 crore.
With this increase, the Odisha government will collect VAT of Rs 16.60 per litre of petrol and Rs 14.34 per litre of diesel.
She also proposed amendments to the Essential Commodities Act to enable better price realisation for farmers and said no stock limit should apply to processors or value chain participants.
This stimulus is the fourth tranche of Rs 20 lakh crore special economic package announced by the Prime Minister to revive the economy battered by the Covid-19 pandemic.
New Delhi: As part of the 4th tranche of Rs 20 lakh crore special economic package for making India self-reliant,...
In her fourth press conference to share details of an economic package announced by Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman also announced a cluster-based approach to promote the mantra of "vocal for local with global outreach".