SITUATION REPORT

India: New Delhi Announces New Round of COVID-19 Stimulus Efforts

May 13, 2020 | 20:05 GMT

The Indian government has announced $39.9 billion worth of new stimulus measures designed to mitigate the economic impact of COVID-19, including collateral-free loans for small businesses, new support for distressed small businesses, a fund to address equity shortages for small businesses and credit guarantees for shadow lenders, the Financial Times reported May 13....

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