New Delhi, May 18: A meeting of group of ministers (GoM) with the responsibility of monitoring Rs 21 lakh crore special economic package is to take place at the residence of Defence Minister Rajnath Singh on Monday.
Union Home Minister Amit Shah, Finance Minister Nirmala Sitharaman, Rural Development Minister Narendra Singh Tomar and Cabinet Minister Smriti Irani among others will attend the meeting to be held at 12 noon on Monday. PM eVIDYa Programme, Additional Rs 40,000 Crore for MGNREGA, Higher Spending on Health: Here’s What FM Nirmala Sitharaman Announced in 5th Tranche of Aatmanirbhar Bharat Package.
The GoM is likely to review the announcement of the economic revival package totalling an economic value of Rs 21 lakh crore by Finance Minister Sitharaman on five consecutive days.
The economic package will tend to the needs of the MSME sector, as well as reform certain agricultural infrastructure in the country. The central government has stepped up reforms for sectors including coal, minerals, defence production, air space management, and airports. Rs 40,000 Crore Additional Spending on MGNREGA to Boost Employment, Says FM Nirmala Sitharaman in Final Tranche of Aatmanirbhar Bharat Economic Package.
The GoM is also likely to strategize how the benefits of the economic package reach to the needy and the most vulnerable as they are the ones who are the hardest hit by the prolonged lockdown enforced due to the coronavirus pandemic.
(The above story first appeared on LatestLY on May 18, 2020 10:59 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).