Sitharaman unveils Rs 1.7 lakh crore lockdown package for poor: Top announcements today

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published Published on Mar 26, 2020   modified Modified on Mar 27, 2020

-The Indian Express

Ahead of Sitharaman's press conference, the Sensex jumped 1500 points or over 5 per cent to cross the 30,000 mark. The rupee also rose 64 paisa against the dollar to settle at 75.24.

To help the economy come out of the coronavirus shock, Finance Minister Nirmala Sitharaman on Thursday announced a Rs 1.7 lakh crore package under Garib Kalyan Yojana that would largely benefit unorganised sector workers, especially daily wage workers, and urban and rural poor.

“A package is ready for the poor who need immediate help like migrant workers and urban and rural poor. No one will go hungry. The package is worth Rs 1.7 lakh crore,” Nirmala Sitharaman, who is heading the COVID-19 task force, said at a press conference.

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The Indian Express, 26 March, 2020,

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