FM says pandemic has affected economy; to unveil new proposals to stimulate demand

NEW DELHI : FM Nirmala Sitharaman addresses news conference; says pandemic has affected economy; to unveil new proposals to stimulate demand.
To stimulate demand, expenditure will be front-loaded; new schemes include LTC cash voucher scheme and special festival advance said FM.
Govt to give cash to employees in lieu of LTC ticket fare component for buying items attracting 12 pc or more GST said FM.
Central govt payout on cash-in-lieu-for-LTC will be Rs 5,675 cr and Rs 1,900 cr for PSUs and banks said FM. (agencies)