Zee Business newsbreak gets Govt stamp of approval! PM Modi announces massive economic package

Prime Minister Narendra Modi on Tuesday announced a massive economic relief package worth Rs 20 lakh cr for the country that was in line with the newsbreak that Zee Business Managing Editor Anil Singhvi had aired hours before the actual announcement was made by PM Narendra Modi. In fact, the news of a relief package was first broken exclusively only on Zee Business news channel!

Zee Businees Managing Editor Anil Singhvi congratulated Zee Business Executive Editor Swati Khandelwal who broke the news.

Watch Zee Business Tweet Video Below:

ज़ी बिज़नेस की खबर पर मुहर...
PM मोदी ने किया आर्थिक पैकेज का ऐलान...
सही वक्त पर सबसे बड़ी खबर सिर्फ ज़ी बिज़नेस पर... @AnilSinghvi_ @SwatiKJain @ZeeBusiness #PMModi #EconomicPackage #NarendraModi @PMOIndia @narendramodi pic.twitter.com/FYgOIa8lit

— Zee Business (@ZeeBusiness) May 12, 2020

The package announced by the Prime Minister at 8 pm on Tuesday was almost 10 per cent of the Gross Domestic Product (GDP) of India, Modi said in over a half-an-hour-long address to the nation.

Prime Minister Narendra Modi on Tuesday addressed the nation amid Covid 19 pandemic enforced lockdown. The address by PM  took place a day after he interacted with chief ministers on ways to deal with the spread of coronavirus and also boost economic activity. Giving a major booster dose to India's economy amid coronavirus crisis, PM Narendra Modi announced Aatmanirbhar Bharat Abhiyan, a massive special relief package.

Making the big announcement, Modi said, "I announce a special economic package today. This will play an important role in the 'Aatmanirbhar Bharat Abhiyan'. The announcements made by the govt over COVID decisions of RBI and today's package totals to Rs 20 Lakh Crores. This is 10% of India's GDP." PM Modi spoke on many other aspects of coronavirus crisis as well. Here are top points from PM Modi's address to the nation:-

- "More than 42 lakh people from different countries have been infected by #COVID19, more than 2.75 lakh people have lost their lives due to the virus. In India too many families have lost their dear ones, I express my condolences to them."

- "Today when the entire world is in crisis, we will have to further firm our resolve."

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- "When the crisis started then not even a single PPE kit was manufactured in India, only a few N95 masks were available. Today 2 Lakh PPE kits and 2 Lakh N95 masks are manufactured in India daily."