Dr Harsh Vardhan will now be required to chair the Executive Board's meetings and also will work closely with Director-General Tedros Adhanom, who is facing a lot of heat for mismanaging the coronavirus crisis.
FM Nirmala Sitharaman had announced the fiscal packages in 5 tranches, excluding the earlier steps taken by government and the RBI measures to tackle the coronavirus induced economic downturn
Finance Minister Nirmala Sitharaman announced the fifth and the last tranche of Modi government’s "Atmanirbhar Bharat Abhiyan" package worth Rs 20 lakh crores
FM Sitharaman while announcing the fourth tranche of the Rs 20 lakh crore package said that by building a self-reliant India, the country needs to prepare for global competition.
Finance Minister Sitharaman said that the second tranche will be relating to migrant workers, street vendors, housing, employment generation for tribals and small farmers.
In a major initiative, Finance Minister Nirmala Sitharaman announced Rs 3 lakh crores Collateral-free Automatic Loans for Businesses, including Micro, Small and Medium Enterprises (MSMEs).