Second India coronavirus stimulus to focus on aid to small business


NEW DELHI: A second stimulus package India is poised to announce in coming days will be worth around 1 trillion rupees ($13 billion) and focus on help for small and medium businesses weathering the coronavirus outbreak, two senior officials said on Wednesday. “The second package could be focussed largely on MSMEs,” one of the senior government officials, with direct knowledge of the plan told Reuters, using an acronym for micro, small and medium enterprises.