Business Standard

Atmanirbhar Bharat 3.0: FM unveils 12 new stimulus measures ahead of Diwali

FM Nirmala Sitharaman provided updates on status of previous announcements under Atmanirbhar Bharat initiative while annoncing new measures under its third instalment

New Delhi: Union Finance Minister Nirmala Sitharaman and Minister of State Anurag Thakur during a news conference in New Delhi, Thursday, Nov 12, 2020. (PTI Photo/Kamal Kishore)
Premium

New Delhi: Union Finance Minister Nirmala Sitharaman and Minister of State Anurag Thakur during a news conference in New Delhi, Thursday, Nov 12, 2020. (PTI Photo/Kamal Kishore)

BS Web Team New Delhi
India is seeing a “strong recovery” taking root in the economy, as seen by increased goods and service tax collections and other metrics, Finance Minister Nirmala Sitharaman said on Thursday.

The recovery is not due to just pent-up demand, Sitharaman told a news conference, ahead of announcing a new set of stimulus measures.

Sitharaman announced a new set of stimulus measures to boost employment under Atmanirbhar Bharat Rozgar Yojna to incentivise the creation of new employment opportunities. The new announcements aim at benefitting companies and individuals, who lost their jobs due to Covid-19 induced lockdown.

Under the scheme, if companies

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in