13 May 2020 – Economic package to aid businesses announced

Type of Intervention: Financial and Economic
Sectors Involved: Finance/Economy, Private Sector and Businesses, Supply Chains
Intervention Categories: Finance policy and financial aid; Stimulus packages and financial support; Planning and strategy; Creation of or release of plans
Level of Jurisdiction: National
Lead People/Agency: Ministry of Finance

Overview: Government of India announces special economic and comprehensive package equivalent to 10% of India’s GDP. The measures are directed towards relief and credit support to businesses, especially MSMEs to support Indian Economy’s fight against COVID-19.
Full details here: https://pib.gov.in/PressReleasePage.aspx?PRID=1623601

Type of Justification: Advice of INTERNAL government advisory committee or group
Source of Evidence or Justification: National – government