NEW DELHI: Prime Minister Narendra Modi emphasised, in a meeting with finance minister Nirmala Sitharaman, the need to aid businesses, expedite infrastructure projects and ensure financial stability and liquidity as India sees gradual lifting of the national lockdown, an official statement said late on Saturday night.
Modi and Sitharaman discussed interventions needed in the financial sector and structural reforms to spur growth as restrictions on movement and commerce imposed since 25 March are being gradually lifted. Modi discussed strategies to support micro, small and medium enterprises (MSMEs) and farmers as well as ways to boost liquidity and credit flows. Financial stability and steps needed to help businesses recover quickly from the coronavirus impact were highlights of the discussions.