Anurag Thakur : Will support small businesses and industry at large - watsupptoday.com
Anurag Thakur : Will support small businesses and industry at large
Posted 21 May 2020 11:52 AM

Agencies

The government is working on a well-demarcated road map and will provide adequate liquidity for sections that need it most, says Union Minister of State for Finance Anurag Thakur.

The government has taken measures to ensure businesses stay afloat amid the pandemic and has initiated landmark structural reforms to accelerate growth post Covid-19. Excerpts from an email interview with The Tribune:

You have projected that the stimulus package is worth 10% of the GDP. But in terms of governmental expenditure does it amount to more than 2% of the GDP? One newspaper has put the fiscal relief at 1.1% of the GDP.

We are working with decisiveness on a well-demarcated road map for building ‘Aatmanirbhar Bharat’ through the infusion of Rs 20 lakh crore to boost economic activity post Covid-19.

In the days and weeks ahead, you will see swift implementation of these measures. In fact, successful implementation of big-ticket reforms is the hallmark of the Modi government. The arithmetic has been transparently clarified. The relief packages by other countries are on similar lines. Money will continue to go to intended beneficiaries.

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