InvestorQ : What are the likely contents of the stimulus package planned by the government?
vidhya Laxmi made post

What are the likely contents of the stimulus package planned by the government?

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sarah Leo answered.
3 weeks ago
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OK, here is a caveat. There is no announcement on stimulus still and these are largely speculations. But it is very likely that the government may get into the act and push through a stimulus package, although the colour of the package is not known. Indian government is likely to focus largely on the sectors affected by COVID 2.0. The intent is to support the specific sectors struggling with localized lockdowns.

The finance ministry is likely to bolster sectors like tourism, aviation and hospitality; which are the worst hit by the pandemic and the lockdowns. Already, economists and rating agencies have downgraded India’s estimated growth for FY22 by 150 to 250 basis points due to COVID 2.0 and that is not great news. A stimulus can do wonders for sentiments.

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