Stimulus Package For America 2024 India. The stimulus package was announced a day after pm modi said the government will spend rs 20 lakh crore to tackle the impact of virus on the economy. India’s finance minister is announcing a $35 billion package to stimulate the economy by boosting jobs, consumer demand, manufacturing, agriculture and exports.
India has unveiled plans to inject at least $10bn into its economy, amid warnings from economists that new delhi has done too little to revive growth after the. This mega economic stimulus package amounting to inr 20 lakh crore ($ 275 bn) is the second largest in asia after japan and is equivalent to 10 per cent of india’s gdp.