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Industry Body For Rs 5,000 Cash Transfer To 20 Crore People Amid COVID-19

Industry Body For Rs 5,000 Cash Transfer To 20 Crore People Amid COVID-19
Time is ripe to implement India's version of "Helicopter Drop" fiscal support scheme to avert an impending economic disaster due to the outbreak of COVID-19, with industry body CII suggesting direct cash transfer of Rs 5,000 into the accounts of all adults with annual income of less than Rs 5 lakh per annum.
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