FM Nirmala Sitharaman to announce details of economic package at 4 PM today

Finance Minister Nirmala Sitharaman (File)

New Delhi (NVI): Union Finance Minister Nirmala Sitharaman will hold a press conference at 4 PM today where she will give the details of Rs 20 lakh crore special economic package that was announced by Prime Minister Narendra Modi yesterday.

In his address to the nation yesterday, PM Modi announced the stimulus package amid the corona crisis, aimed at helping MSMEs, farmers, labourers, industrial sector and middle class. During his address at 8 PM, PM said that the package will play an important role in “Atmanirbhar Bharat Abhiyan” (Mission self-reliant India).

He said that the earlier economic announcements made by the government related to corona crisis, including decisions of RBI and the economic package announced today amounts to Rs 20 lakh crore.

Finance Minister Nirmala Sitharaman in a series of tweets yesterday said, “This shall not be just a financial package, but a reform stimulus, a mindset overhaul, and a thrust in governance.”

“…#AatmanirbharBharat Abhiyan to include everyone-a hawker/street vendor, a trader, a MSME, an honest tax paying middle class, a manufacturer etc,” she added.

“Indian economy has acquired strength in its various dimensions. Now, we can confidently engage with the world. We aim at overall transformation & not incremental changes. We shall convert the pandemic challenge into an opportunity. #AatmanirbharBharat will integrate not isolate,” she tweeted.