Tripple Wammy by the Government for boosting the Indian economy

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 With its on-going effort to boost the strugling Indian economy (expected GDP decline of 10% in FY2021), GOI today announced a tripple bonanza.....

  1. Production-Linked Incentive (PLI) Scheme in 10 key sectors (total outlay of Rs. 1.46 Lakh crore over a period of 5 years) with an aim of Enhancing India’s Manufacturing Capabilities and Enhancing Exports.
  2. Continuation and Revamping of the Scheme for Financial Support to Public Private Partnerships (PPPs) in Infrastructure Viability Gap Funding (VGF) Scheme till 2024-25 with a total outlay of Rs. 8,100 crore.
  3. Stimulus package of Rs. 1.5 lakh crore focussed on stressed assets with an aim to generate employment.
https://www.pib.gov.in/PressReleasePage.aspx?PRID=1671912


https://www.livemint.com/news/india/govt-planning-rs-1-5-tn-new-stimulus-with-focus-on-stressed-sectors-report-11605099772962.html



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