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Finance Minister  Nirmala Sitharaman detailed the broad contours of India's massive  ₹  20 lakh crore fiscal stimulus announced by PM Narendra Modi. Hence, here is some points analysis to understand the key fine prints. *  PRADHAN MANTRI GARIB KALYAN PACKAGE • Insurance cover of ₹ 50 lakh per health workers. •  20 crore women Jan Dhan a/c holders get ₹ 500 per month for the next 3 months. •  Increase in MNREGA   wage to ₹ 202 a day from ₹ 182. •  Provide ₹ 1000 to 3 crore poor senior citizens, poor widows, and poor Divyang. ₹ 2000 paid to farmers under existing PM-Kisan to benefit 8.7 crore farmers. *    MEASURES BY RBI. • Reduction of CRR (Cash Reserve Ratio) has resulted in liquidity enhancement of 1,37,000 crores. SLF(Special Liquidity Facility) of 50,000 crore for MF to alleviate intensified Liquidity Pressure. •  Farmers are allowed to sell their produce freely & get a better price as well as a ₹ 1.5 lakh crore package to strengthen infrastructure. •  Street

The COVID-19 Pandemic has rapidly spread across the world, the countries which are affected are just going on Lockdown to check further spread India is among those countries around 130 crore people are being urged by the government to spread home and avoid unnecessary travels. This has significantly reduced. The traffic movement across the country. Over 90 cities including Delhi, Mumbai,  Pune recorded minimum Air pollution in the last few days.  Environmentalists have welcomed the reduction in pollution and have urged the government to treat it as a wakeup call and stop development at the cost of the environment. *   The risk of Respiratory problem (diseases) are mainly associated due to Nitrogen oxide ( NO 2 ) released from the automobile exhaust. ( Asthma , chronic obstructive   pulmonary disease, Heart problem ).  But, Now due to COVID-19 lockdown the level of Nitrogen oxide has dropped by 43% in Pune, 38% in Mumbai & 50% in Ahmedabad.  *  The Particulate Matter

The world economy is struggling with another recession as the COVID-19 pandemic has forced businesses across the world to suspend their operations sectors such as Automobiles, real estates & banking have a difficult time ahead. Money control breaks down the impact of coronavirus induced global slowdown on India. Most Indians Companies will see their revenue & profits getting impacted amid COVID-19 pandemic. There is a direct impact on demand & supply of goods & services. According to (International Monetary Fund) IMF, has mentioned that due to lockdown because of the Coronavirus the economy worldwide has already been hit by the recession. In fact, According to them, not only will this recession be worse than the 2008 Global Financial Crisis but if will be the worst economic recession in the past 100 years after the Great Depression of the 1930s.         But most of the economist is of the opinion that the conditions of today is going to be worse than the recession