Published 23:29 IST, May 12th 2020

Finance Min lauds PM's announcement of economic package, stresses 'everyone to benefit'

Appreciating PM Modi's announcement of a massive financial package, Finance Minister Nirmala Sitharaman remarked that this would lead to a "mindset rehaul".

Reported by: Akhil Oka
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Appreciating PM Modi's anuncement of a financial pack worth Rs.20 lakh crore on Tuesday, Union Finance Minister Nirmala Sitharaman remarked that this would le to a "mindset overhaul" and a thrust in governance. According to her, various sections of society such as vendors, trers, middle-class, manufacturers, etc. would benefit from this pack. Furrmore, she stressed that Self-Reliant India did t imply isolationism but skilling people and strengning capacities to compete globally. To buttress this point, she cited that every global brand commenced with its local strength. 

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PM anunces massive financial pack

In his dress to nation earlier in day, PM Modi stated that new financial pack was worth 10% of India's GDP. However, details of pack shall be anunced by Union Finance Minister Nirmala Sitharaman on Wednesday, May 13. PM mentioned that this would benefit workers, hawkers, street vendors, farmers, business class, etc. He ded that special emphasis has been paid to land, labour, liquidity, and laws.

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ditionally, PM appealed to citizens to be 'vocal for local' in an attempt to boost Indian businesses. He elaborated that this t only involved buying local products but also promoting m with pride. PM Modi exuded confidence that country shall follow this mantra. 

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23:20 IST, May 12th 2020