Economy

Reuters exclusively reports India eyeing second stimulus package

Reuters exclusively reports India eyeing second stimulus package

Reuters reported exclusively that India is poised to announce a second stimulus package worth about $13 billion to help small and medium businesses weather the coronavirus outbreak. Last month, India outlined a 1.7-trillion rupee ($22.6 billion) economic stimulus plan providing direct cash transfers and food security measures to give relief to millions of people hit by an ongoing nationwide lockdown.