Centre To Announce Bailout Package To Soften COVID-19 Blow

The government is expected to announce economic package shortly amid high expectation of bailout by sectors hugely affected by coronavirus, sources told. Four days ago, during his address to the nation, Prime Minister Narendra Modi had announced the formation of a special task force headed by finance minister Nirmala Sitharaman. The COVID-19 Economic Response Task Force, he said, would take an overview of the situation and suggest the way ahead.Ms Sitharaman has already declared that the donations made towards fighting COVID-19 would be counted as “Corporate Social Responsibility”.

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