INDIA PLANNING COVID STIMULUS PACKAGE TO REVIVE ECONOMY

India is preparing a stimulus package for sectors worst affected by a deadly second wave of Covid-19, aiming to support an economy struggling with a slew of localized lockdowns, people familiar with the matter said.

The finance ministry is working on proposals to bolster the tourism, aviation and hospitality industries, along with small and medium-sized companies, the people said, asking not to be identified. The discussions are at an early stage and no timeline for an announcement has been decided, they said. BENGALURU: