Govt discussing Covid economic stimulus package for some sectors: Report

The government is reportedly preparing an economic relief package for sectors that have been hit hard by the second wave of Covid-19 in India. The plan is still in the early stages and no timeline has been shared for an announcement on this.

The government is in the early stages of preparing a fresh Covid-19 economic relief package to tackle the impact of the second wave. The economic package is being prepared with an aim to support key sectors of the economy that have been hit by localised lockdowns during the second Covid-19 wave in the country, according to people quoted in a Bloomberg report. Some sectors that are being focused on are tourism, aviation, hospitality sectors along with small and medium-sized companies. The discussions are still in the early stages and no timeline has been shared for the announcement of the economic relief package.