In today’s world, we can see what’s going on with the entire world and with every countries economy. Covid-19 (coronavirus) breaks most of the country’s economy because of full lockdown. During a lockdown, each and every type of business from small to giant companies are stopped it’s production and that’s why all the people going through a difficult face and with the people our country India also faces a big economic crisis. So, let’s discuss what is “20 lakh crore divided by 130 crore” that Indian govt gives a special package to fellow citizens.
So, to give a big push to the Indian economy, Prime Minister Narendra Modi announced a special package that is Rs 20 lakh crore – nearly 10 percent of India’s GDP. ”I announce a special economic package 20 lakh crore divided by 130 crore today. The announcements of ₹20 lakh crore made by the government and RBI over Covid-19 and this will play a vital role in the ATMANIRBHAR BHARAT ABHIYAN ” PM said.
Not only 20 lakh crore divided by 130 crore but Indian govt made some other relief announcement also such as On April 27, the central bank announced a special liquidity facility of Rs 50,000 crore for mutual funds to ease liquidity pressure on mutual funds. And the other one is that On April 17, RBI organizes the fourth and the final package of the Rs 1 lakh crore targeted long term repo operation (TLTRO) by adding Rs 25,000 crore into the system. On March 27, RBI had said that Rs 3.74 lakh crore liquidity will be injected into the system through various measures.
Moreover, we can see that every decision of the Indian government has taken that is based on Indian citizens and people are the priority in every relief fund or financial packages. “The BJP government makes a decision in favor of the country and the Indian citizen. A special package of about Rs 20 lakh crore divided by 130 crore announced by the Modi government is based on this,” Amit Shah said.
Mr. Shah said, “Under the ambitious leadership of Narendra Modi, now it’s time to pay back that every Indian will have to take an assurance that he will make his best contribution to make India self-reliant without any resistance”. Amit Shah added that the PM of India has distinguished that in this odd situation where everything is closed, locals have become companions and supported people.
The home minister said the prime minister has said that the 21st century should be the century of India and the time has come to convert this into reality.