A strong push is needed to generate sustainable income amongst consumers to improve purchasing power and build confidence in the future.
IMD defines average, or normal, rainfall as between 96% and 104% of a 50-year average of 88 cm for the entire four-month season.
The COVID-19-induced lockdown that started on March 25 and is yet to be lifted has hit the economic activity. Sights of millions of walking, cycling or hitching rides back home have led to concerns over sustainability for the poor.
Nirmala Sitharaman said that importing essential raw materials that are not available in the country is not wrong but why there is a situation where we cannot even make Ganesha idols from clay.
Oil imports rose by 3.7 per cent to USD 33.7 billion in Q4 FY20 from USD 32.5 billion in the same period a year ago.
The CRM established by the centre has found out that even in the villages adopted by MPs, they did not allocate enough funds from the Members of Parliament Local Area Development Scheme (MPLADS).
The minister also said that the government is giving special focus to high quality standard products.
The government has announced 230 trillion yen ($2 trillion) in stimulus, including help for local businesses and cash handouts of 100,000 yen ($930) per adult to coax consumers into spending.
Foreaders 