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Blueprint Ready For Fourth Set Of Announcements By Finance Minister Sitharaman On Measures To Boost Economy
Finance Minister Nirmala Sitharaman outside the Parliament before presenting the Budget for 2019-20 (via Twitter) (representative image)
After having announced three rounds of measures and reforms to re-energise the slowing Indian economy, the Union Minister for Finance, Nirmala Sitharaman is now expected to come up with an additional fourth round of measures to give further thrust to the economy, reports Economic Times.
It has been reported that a blueprint of the measures to be announced has already been prepared and Sitharaman is likely to make announcements with respect to them over the next few days.
Earlier in an interview, Reserve Bank of India (RBI)'s Governor, Shaktikanta Das had also given a hint of the fourth round of economic measures. he had said, "It's a positive trend that the government is responding fast and I don't think we have heard the last from the government with regard to dealing with the current economic situation."
In the third set of announcements, Sitharamn announced measures aimed at improving the state of real estate and export sectors. Measures were announced with stiff deadlines to ensure that the effects of the announcements are felt in the economy at the earliest.
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