LIVE: FM to release tranche 4 of economic package; focus likely on tourism & aviation

Union Finance Minister Nirmala Sitharaman is addressing a press conference at 4 pm on Saturday, May 16, on the Rs 20 lakh-crore economic package announced under the ‘Atmanirbhar Bharat Abhiyan’.

Tourism and transportation are likely to be key areas in focus today as the FM releases tranche 4 of the Rs 20 lakh-crore economic stimulus announced by Prime Minister Narendra Modi.

Sitharaman has been detailing measures under the Rs 20 lakh crore package announced by PM Modi to mitigate the damage done by the coronavirus-induced lockdown since March.

Highlights:

Today's announcements will focus on structural reforms, says Finance Minister Sitharaman.

PM Narendra Modi has said that in order to build a self-reliant India, we should prepare ourselves for a tough competition and be ready to face the challenges of global value chain and to integrate, says FM Sitharaman.



(This is a developing report)

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