In a significant development, the Indian government has announced new measures to boost the country’s economy. The Finance Ministry unveiled a stimulus package worth Rs 20 lakh crore to provide relief to various sectors impacted by the ongoing COVID-19 pandemic. This economic package is aimed at supporting small businesses, farmers, laborers, and other vulnerable groups who have been affected by the lockdown. The government has also introduced structural reforms in sectors such as coal, minerals, defense production, civil aviation, power distribution, and space. These reforms are expected to attract more investments and create job opportunities in the long run. Additionally, the government has increased the allocation for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) to support rural livelihoods. This move comes as part of the government’s efforts to revive the economy and propel growth in the wake of the coronavirus crisis. Prime Minister Narendra Modi has emphasized the importance of making India self-reliant and boosting domestic manufacturing through initiatives like “Make in India.” The stimulus package is set to provide the much-needed impetus to various sectors and help the economy recover from the impact of the pandemic. The government’s focus on promoting local businesses and attracting investments is expected to have a positive impact on India’s economic growth in the coming months.