Rediffmail Money rediffGURUS BusinessEmail

Govt defers stimulus package by a day

December 06, 2008
Source:PTI
The much awaited government stimulus package aimed at countering impact of global downturn on the Indian economy is believed to have been deferred by a day.

The government package, different from the RBI's announcements, is likely to be unveiledĀ on Sunday by the prime minister's office, a source said.

The Reserve Bank of India, however, may announce its decisions separately on Saturday.

The government is expected to announce several fiscal measures such as cut in excise duty on some products, to boost the growth.

A plan for big-time infrastructure funding is also awaited.
Source: PTI
© Copyright 2026 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

WEB STORIES

Why A Swimming Workout Is So Beneficial: 8 Reasons

10 Of Bombay's Oldest Restaurants

Indian Towns With A European Vibe

VIDEOS

NEWS BUSINESS MOVIES CRICKET SPORTS GET AHEAD REDIFF-TV REDIFF ASTRO MOBILE RECHARGE BILL PAYMENTS