India offers 20% wage subsidy to counter coronavirus job losses

New $35bn stimulus also offers help for migrant workers, farmers and exporters

MOYURU BABA, Nikkei staff writer

TOKYO -- India will cover up to 20% of pay for newly employed workers as part of a 2.65 trillion rupee ($35.8 billion) stimulus package announced Thursday aimed at kick-starting an economy struggling to overcome the coronavirus pandemic.

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