The Math Behind 20 Lakh Crore Package: Has Modi Govt Already Announced 70% of It?

The Math Behind 20 Lakh Crore Package: Has Modi Govt Already Announced 70% of It?



“Prime Minister Narendra Modi on May 12th addressed India. He made some major announcement. First, he spoke about Atma Nirbhar Bharat. He said india needs to be self-reliant and for that, he cited five pillars which will help India achieve the goal of Atma NBirbhar Bharat. In another major announcement, he said that the Indian Govt is infusing 20 Lakh crore in the economy as a Fiscal stimulus package. This amounts to 10% of India’s GDP. He said this figure includes the announcements earlier made by Finance Minister Nirmala Sitharaman and the RBI.
But do you know a lot of money promised in the stimulus has already been announced? and the announcements that Finance minister is making every day is fraction of the entire package. How?, let us understand the break up of the 20 LAKH Crore Economic Package announced by PM Modi.
#20LakhCrore #EconomicPackage #PMModi”
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