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Though the nationwide curb was lifted June 1, giving the financial system a lift, the rise in infections has meant that localised shutdowns have been imposed in varied states, hampering the restoration.

SynopsisWhereas varied insurance policies have been mentioned, the federal government is prone to watch the financial system for some extra time earlier than taking additional steps, one other official stated. It’s nonetheless wanting on the influence of measures already taken, as some sectors akin to vehicles are recovering, officers added.

NEW DELHI: The federal government has begun preliminary work on the following set of measures that could be required to drag the financial system out of a deeper contraction than initially anticipated, as restoration loses steam

msid-0019483,width-55,height-55,imgsize-0019483,resizemode-8 Govt eyeing extra steps to assist restoration, PM Narendra Modi to take a remaining name

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ET Bureau

Jul 20, 2020, 08:20 AM ISTGIFT ARTICLEFONT SIZE

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42031747 Govt eyeing extra steps to assist restoration, PM Narendra Modi to take a remaining name

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42031747 Govt eyeing extra steps to assist restoration, PM Narendra Modi to take a remaining name

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