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In a significant development for the Indian economy, the government has announced a new stimulus package aimed at boosting growth and reviving key sectors. The package includes measures to support small businesses, enhance infrastructure spending, and promote manufacturing activities. This move comes at a crucial time as the country grapples with the economic impact of the COVID-19 pandemic. The stimulus package is expected to provide much-needed relief to businesses and workers affected by the lockdowns and restrictions imposed to curb the spread of the virus. The government has also emphasized the importance of self-reliance and promoting domestic production to reduce dependence on imports. The announcement of the stimulus package has been welcomed by industry experts and business leaders who see it as a crucial step towards economic recovery. The package is seen as a way to stimulate demand, create jobs, and spur investment in key sectors. With the economy facing challenges such as low consumer spending and sluggish growth, the stimulus package is expected to provide a much-needed boost. The government is hopeful that these measures will help India bounce back from the economic downturn and set the stage for long-term sustainable growth. Industry stakeholders are eagerly awaiting further details on the implementation of the stimulus package and its impact on various sectors. The government’s focus on promoting domestic manufacturing and boosting key sectors is seen as a positive step towards achieving self-reliance and economic growth in the post-pandemic era.

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