BSC Insights – Economic Reforms announced by Hon’ble Finance Minister, Mrs. Nirmala Sitharaman announced on 26th March 2020

While on one hand the novel COVID 19 is spreading at a lightning speed, the entire world is making fervid efforts to overcome this pandemic. The Indian Government has taken some strong steps to fight with this pandemic. A lesson learnt from the experiences and trends of other nations suffering severely from this disease, is strongly implemented by way of measures at all levels, viz, announcement of complete lock-down across the country, ban on international and domestic flights during the lock-down period and bold economic decisions to provide relief to the citizens. In line of this action plan of the Government of India, the Hon’ble Finance Minister, Mrs. Nirmala Sitaraman announced ‘PM Gareeb Kalyan Scheme’ on March 26, 2020. This article contains key highlights of the said scheme to apprise the readers of the latest economic developments in the country, in spite of the panicking situation.

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