PM Narendra Modi on Tuesday announced a special economic package worth Rs 20 lakh crore to help the nation fight the Covid-19 pandemic.
Greaves Cotton has welcomes the move. Nagesh Basavanhalli, MD & CEO, Greaves Cotton Limited said “Prime Minister’s special package of Rs. 20 lakh crore focusing on #MakeInIndia and local manufacturing is a good step for economic revival. The quantum of package has come across as a pleasant surprise and does have the potential to jumpstart the manufacturing sector among others. Any effort to get us self-reliant is a welcome one and one that can insulate India from the economic impact of Covid like situations to a large extent. The industry is now looking forward to the finer details of this enormous package. All eyes now on the Finance Minister.”
Meanwhile, the number of coronavirus cases in the country has crossed 70,000 mark while the death toll is now at 2,293.