India's prime minister announces huge virus relief package
Indian Prime Minister Narendra Modi announced Tuesday that the government will spend more than $260 billion, the equivalent of nearly 10% of the country's GDP, on a coronavirus economic relief package designed to make the world's second most populous nation more self-reliant. “The package’s main aim is to build a self-reliant India,” Modi said in a televised speech, adding that it will help the country compete globally. India entered its sixth week of a stringent nationwide lockdown on Tuesday, pushing an economy already enfeebled before the pandemic to the brink of collapse. from Yahoo News - Latest News & Headlines https://ift.tt/3ct23qi via Latest News