RBI Governor To Hold A Press Conference Today At 10 AM, Regarding The 20 Lakh Crore Relief Package Announced By PM Modi
The Modi government announced an economic package of about 21 lakh crores. The details of this package have been kept in front of the country by Finance Minister Nirmala Sitharaman. Now a press conference will be held today on behalf of Reserve Bank of India (RBI) Governor Shaktikanta Das regarding this package.
Earlier, Satish Kashinath Marathe, a director of the RBI and associated with the Rashtriya Swayamsevak Sangh, had questioned the relief package of the Modi government. He said that the three-month moratorium is not enough and softening in the NPA should have been part of the relief package.
Satish Kashinath Marathe had said, ‘The relief package is good and progressive thinking, but it has failed in terms of including banks as advance warriors in reviving the economy.