Coronavirus: Prime Minister Narendra Modi announces Rs 20 lakh crore economic package

By Lokmat English Desk | Published: May 12, 2020 07:15 PM2020-05-12T19:15:33+5:302020-05-12T20:37:06+5:30

Prime Minister Narendra Modi will address the nation today at 8 PM. The last time the prime minister had ...

Coronavirus: Prime Minister Narendra Modi announces Rs 20 lakh crore economic package | Coronavirus: Prime Minister Narendra Modi announces Rs 20 lakh crore economic package

Coronavirus: Prime Minister Narendra Modi announces Rs 20 lakh crore economic package

Prime Minister Narendra Modi will address the nation today at 8 PM. The last time the prime minister had addressed the nation was on April 14. The Prime Minister’s address comes a day after he held a meeting with Chief Ministers of all states and Union Territories to discuss the strategy for easing relaxations after the third lockdown ends May 17. Stay tuned with us for all the updates.

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08:35 PM

No one can stop us from turning into a self-reliant country: PM Modi
 

08:33 PM

The fourth phase of the lockdown will be different from the previous ones. The announcement for Lockdown 4.0 will be made before May 18: PM Modi.

08:32 PM

Experts say that coronavirus will stay for a long time. But we must not let this crisis overwhelm us. We will take all precautions but still move ahead: PM Modi.

08:32 PM

PM bats for local products, says every Indian must be "vocal about local": PM Modi.
 

08:29 PM

There's a special focus on the poor, migrants, labourers, fishermen, etc in the financial package: PM Modi.

08:27 PM

It is the need of the hour for India to play a significant role in the global supply chain: PM Modi.
 

08:26 PM

You have also experienced that due to the reforms that took place in the last 6 years, today even in this time of crisis, India's systems have looked more efficient. Now the scope of the reforms has to be broadened: PM Modi.
 

08:26 PM

We are making reforms to ensure that rural India stays free from the Covid crisis: PM Modi.
 

08:25 PM

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: PM Modi.
 

08:25 PM

This package is for our farmers, the middle class and the industry - PM Modi
 

08:23 PM

The recent decisions by the government, the decisions by the RBI combined with today's financial package announcement come to about Rs 20 lakh crore - almost 10% of the country's GDP: PM Modi.
 

08:22 PM

Today, I am going to announce a special financial package as the nation fights this pandemic - PM Modi.
 

08:22 PM

Fifth Pillar - Demand: The cycle of demand and supply chain in our economy, the power that needs to be harnessed to its full potential
 

08:21 PM

Fourth Pillar: Our Demography - Our vibrant demography is our strength and source of energy for self-reliant India.
 

08:21 PM

Third Pillar: Our System - A system that is based on the technology-driven systems that fulfill the dreams of the 21st century, not the policy of the past century
 

08:20 PM

Second Pillar: Infrastructure, an infrastructure that becomes the hallmark of modern India
 

08:20 PM

 First Pillar: Economy, an economy that brings quantum jump, not just incremental change
 

08:20 PM

This magnificent building of self-reliant India will stand on five pillars - PM Modi.

08:17 PM

No task is impossible, no path is difficult if our resolve is strong - PM Modi
 

08:15 PM

Today we have the resources, we have the power, we have the best talent in the world. We will make the best products, improve our quality, and modernize the supply chain, we can and we will - PM Modi.
 

08:15 PM

India's tech experts helped the world come out of the Y2K crisis at the turn of the century - PM Modi.
 

08:14 PM

The world now believes that India can do very well. Can contribute greatly towards the welfare of mankind - PM Modi
 

08:11 PM

When we talk of self-reliance, we don't just think of ourselves. We believe the entire world is one family - PM Modi
 

08:08 PM

Today, India is producing 2 lakh PPEs and 2 lakh N95 masks. We were able to do this because we turned into the crisis into an opportunity - PM Modi
 

08:08 PM

It should not be just our dream but also our responsibility to ensure that the 21st century belongs to India - PM Modi

08:07 PM

We have to save ourselves from this virus and also move ahead - PM Modi

08:05 PM

Won't accept defeat, says PM Modi

PM Modi said that the virus has infected more than 42 lakh people and that "we will not give up or accept defeat," he said.

08:04 PM

PM Modi's address to the nation begins

Prime Minister Narendra Modi is currently addressing the nation, five days before the end of the coronavirus-induced lockdown. This is his fifth address to the nation since the coronavirus outbreak.

08:03 PM

It's been four months since the world started fighting the Covid pandemic: PM Modi
 

08:00 PM

Lockdown in India touted as world's largest lockdown

The lockdown, touted as the world's biggest, was enforced on March 25. The government suspended rail, road and air traffic to prevent mass movement. The government asked people not to go out. Barring emergency services, all non-essential activities were halted.
 

07:50 PM

PM Modi asks CMs to share blueprint on lockdown exit

During a meeting with Chief Ministers on Monday, PM Modi asked states to share by May 15 a broad strategy on how they would want to deal with the lockdown regime.
 

07:48 PM

Many states want resuming economic activity outside containment zones

At the virtual meet on Monday, many states said they are in favour of resuming economic activity outside containment zones. The lockdown will end on May 17.
 

07:44 PM

Before Modi address, Mamata fires salvo at PM

Just ahead of the PM's address, Bengal CM Mamata Banerjee fired a salvo at Modi. She said, "There are expectations during meetings with PM however we return with an empty basket every time. There is no income since last 2 months but we are not getting any alternative from centre. We are supposed to get Rs 52000 Cr. Corona is here to stay but what about the income."
 

07:41 PM

Lockdown in India likely to continue beyond May 17

According to multiple media reports, the lockdown to contain the spread of coronavirus is likely to be extended beyond May 17. However, the government is likely to announce relaxations in areas that are not severely affected. Restrictions like night curfew and public transport will probably continue in areas designated as red zones.
 

07:25 PM

Lockdown extension? Several states favour another extension

Several states, including Punjab and Assam, have asked Prime Minister Narendra Modi for an extension of the lockdown. Others, like Tamil Nadu and Telangana, asked that rail and air traffic not be started yet.
 

07:22 PM

Karnataka wants relaxation, strict cordoning of containment zones

Karnataka Chief Minister BS Yediyurappa has proposed to PM Narendra Modi to do away with district wise colour-coding and instead advocated strict cordoning of containment zones to control the spread of pandemic.
 

07:20 PM

PM to speak on issues of lockdown, economy

According to a PTI report, sources in the government indicated that the Prime Minister is likely to speak on issues related to the lockdown and the economy.
 

07:17 PM

PM Modi's fifth address to the nation at 8pm

PM Modi first addressed the nation to apprise the countrymen over preparedness. On March 22, he proposed a janata curfew for a day. On March 24, PM Modi had announced the 21-day nationwide lockdown to check the spread of the virus. On April 3, PM Modi had urged people to switch off the lights at their homes and light lamps, candles or mobile phone torches for nine minutes at 9 pm on April 5 to display the country’s collective resolve to defeat the coronavirus. PM Modi then addressed the nation on April 14 to extend the lockdown till May 3. The lockdown was further extended to May 17.
 

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