Coronavirus lockdown | Narendra Modi announces ₹20-lakh-crore economic stimulus package
The HinduPrime Minister Narendra Modi on Tuesday said a new-look Lockdown 4.0 beyond May 17 was in the offing, while announcing an economic stimulus package for ₹20-lakh-crore, with a clearly defined leap towards economic reforms that will, in his words, lead to Atmanirbhar Bharat, or a self-reliant, resilient India. ‘Relook at systems’ Addressing the nation on television, Mr. Modi said the whole world was reeling from the crisis engendered by the COVID-19 pandemic, as was India. “We have been hearing for many years that the 21st century will be India’s century, and this crisis is, I believe one that carries a message, that we have to move forward not just to combat the crisis but to prevail,” the Prime Minister said. Now, within weeks we have the capacity to produce 2 lakh of PPE and 2 lakh of N95 masks everyday,” Mr. Modi said.