EconomyIndia's Modi declares $265bn in economic relief to fight pandemic
Push for self-reliance and local products draws cheers from business groups
Indian Prime Minister Narendra Modi announced an economic package worth almost 10% of the nation's gross domestic product. © Reuters
KIRAN SHARMA, Nikkei staff writer
NEW DELHI -- Indian Prime Minister Narendra Modi unveiled an economic package Tuesday night worth 20 trillion rupees ($265 billion) to help the country's smaller businesses, laborers, farmers and middle-income earners overcome the crisis posed by the coronavirus pandemic.