Finance Minister Nirmala Sitharaman today announced a Rs 1.75-lakh-crore scheme to help the economically weaker sections survive the loss of jobs and income that would be the inevitable fallout of the coronavirus outbreak. On the second day of the 21-day lockdown announced by Prime Minister Narendra Modi, the Finance Minister outlined a bailout package for them. For now, the government’s priority is to consider the poor, said the minister, who is heading a task force evaluating the financial impact of the outbreak and charting out the way ahead. “No one will go hungry,” she assured, adding that “other concerns” would be “considered separately”. The measures announced today will come into effect immediately, said Anurag Thakur, the junior minister of Ms Sitharaman, who also attended the press conference. (Audio in Hindi)
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