The government recently announced fresh stimulus measures to boost demand during the grand festival season in India. The central government offered two schemes — primarily for its employees — to boost consumer spending, and requested states and private companies to extend the benefits. Unlike central government employees, many workers in the private sector may not even get their bonuses this …
To boost consumer demand in the coronavirus-hit economy, Finance Minister Nirmala Sitharaman on Monday announced two proposals -- Leave Travel Concession Cash Voucher Scheme and Special Festival Advance Scheme. We are presenting two proposals -- the Leave Travel Concession Cash Voucher Scheme and Special Festival Advance Scheme -- to stimulate consumer spending." "We expect that private sector would be happy …
In a bid to stimulate demand in the economy, the government on Monday announced giving out cash vouchers to central government employees this year in lieu of leave travel concession fare which could be spent only on buying non-food GST-rated items. Finance minister said that the government will give Rs 10,000 special festival advance all its employees as one-time measure …
The government on Monday announced two measures aimed at increasing consumer spending — the LTC Cash Voucher scheme and Special Festival Advance Transfer scheme. The schemes primarily focus on offering cash benefits to central government employees as the government believes that it will lead to higher consumer spending during the festive season. Here is all you need to know about …