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PM Modi announces economic package worth Rs 20 lakh crore


TPE Correspondent

New Delhi May 12th

Prime Minister Narendra Modi on Tuesday announced a special economic package for the poor, farmers and middle-class taxpayers of the country. He said that the economic stimulus package, along with the recent decisions by the Centre and Reserve Bank of India, will be worth Rs 20 lakh crore.  He said that the finance ministry will be announcing the package over the next few days.

“This economic package is for that laborer of the country, for that farmer of the country who is working day and night for the countrymen in every situation, every season. This economic package is for the middle class of our country, which pays taxes honestly and contributes to the development of the country,” said PM Modi in his fifth address to the nation ever since the breakout of the pandemic in the country.

Asserting that our lives cannot continue revolving around coronavirus, the prime minister also said that “Lockdown 4.0” will come with a new face and new rules and regulations, hinting at further ease in restrictions. He said that people will be conveyed about the same before May 18.

The prime minister said that a “”self-dependent India” was the only way out of the coronavirus crisis. He said that “save ourselves from this virus and also move ahead”.

“We have heard that the 21st century will be India’s. Our resolve is much bigger than the crisis. We have to save ourselves and continue our fight. We will not give up or accept defeat,” sais PM Modi.

The prime minister also said that the country has been able to change the crisis into an opportunity.

He said that one virus has brought the entire world on its knees. “We had never seen or heard about such a crisis ever before. This is definitely unimaginable for mankind. This was unprecedented. But humanity will not accept defeat from this virus. We have to not only protect ourselves but also move forward,” he said.

More than 42 lakh people from different countries have been infected by COVID-19, more than 2.75 lakh people have lost their lives due to the virus. In India too many families have lost their dear ones, I express my condolences to them,” added PM Modi.

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