Govt working on bailout package of up to Rs 75,000 crore to revive growth amid coronavirus
Image Credit: shortpedia
As per the reports, the government may set up a fund with a corpus of about ₹50,000 crore to ₹75,000 crore to revive industries, particularly labour-intensive small and medium units, as part of an economic stimulus package currently under consideration to revive growth, after the coronavirus outbreak gets over. The corpus is expected to be partly funded by a cess proposed to be levied on certain commodities such as fuels.