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India plans stimulus package to support economic growth

Reuters | Tuesday, 25 May 2021


India is preparing an economic stimulus package for the sectors worst affected by COVID-19, Bloomberg reported on Tuesday, citing people familiar with the matter.

The finance ministry is working on proposals to bolster the tourism, aviation, and hospitality industries, along with small and medium-sized companies, Bloomberg reported.

The discussions were at an early stage and no timeline for an announcement was decided, the report added.