Prime Minister Narendra Modi's government yesterday announced an economic package of Rs 20 lakh crore to revive India's economy. The Prime Minister also opened the treasury of the Prime Minister's Care Fund Trust today to revive the country's economy and prevent the Corona virus epidemic. The Prime Minister's Care Fund Trust has allocated Rs 3,100 crore for Corona. Of which about two thousand crore rupees will be kept for buying ventilators. One hundred crore rupees will be given for the development of vaccines, one thousand crore rupees will be given for the care of migrant workers.
The Prime Minister tweeted
On Wednesday, Modi wrote on Twitter that the measures announced by the government would increase cash, empower entrepreneurs and increase their competition.
He tweeted that the package would help businesses, especially small, medium and medium enterprises (MSMEs). The trust was formed on March 26 under the leadership of the Prime Minister. Former members include the home minister, finance minister and defense minister. The Prime Minister's Cares Fund Trust has allocated Rs 3,100 crore to fight the coronavirus.
Financial aid will help Indians
At the same time, Prime Minister Narendra Modi said, “This financial aid is an economic package announced by the government to tackle the coronavirus economy. It will increase cash flow, empower entrepreneurs and strengthen their competition.”