“India’s COVID-19 vaccination drive sees record 10 million doses administered in a day”

In a significant development, the Reserve Bank of India (RBI) has announced a new stimulus package to boost the Indian economy. The RBI Governor, Shaktikanta Das, revealed that the central bank will inject INR 1 lakh crore into the market through a special liquidity facility. This move comes amidst the ongoing economic challenges faced by the country due to the COVID-19 pandemic. The RBI aims to support various sectors including small and medium enterprises (SMEs), microfinance institutions, and other businesses that have been severely impacted by the pandemic. The new stimulus package is expected to provide much-needed relief and liquidity to these sectors, helping them recover from the economic slowdown. This announcement has been welcomed by industry experts and businesses across the country as they hope it will stimulate growth and facilitate a quicker economic recovery. The RBI’s proactive measures are seen as crucial in stabilizing the economy and restoring confidence among investors and consumers. This latest development is part of the RBI’s ongoing efforts to mitigate the economic fallout of the pandemic and ensure a sustainable recovery for the Indian economy. The stimulus package is expected to have a positive impact on various sectors and contribute to the overall economic revival in India.

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