Friday, January 2, 2009

Govt is likely to announce a second stimulus package @ 6

Govt is likely to announce a second stimulus package.

Montek Singh Ahluwalia, deputy head of India's Planning Commission, would hold a news conference at 6:00 pm to announce details of the package.

Government was looking at liquidity issues, and more steps to help exporters, the real estate and infrastructure sectors as part of a second package.

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