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Centre’s Rs 20 Lakh Crore Package Failed To Give Momentum To Economy

by Rahul Gautam Oct 07, 2020 • 07:29 PM Views 420

The Modi government had announced a Rs 20 lakh crore stimulus package to revive the economy stalled by the COVID-19 pandemic. According to the CAG data, government expenditure may have increased marginally, but a 30% decline in government subsidies on different things was recorded. This is the expenditure that the government spends on the poorest sections such as farmers and labourers comprising the unorganised sector