Sensex Tumbles Over 631 Points

Last week, the Indian government continued with its measures to prop up consumer demand across sectors and bring the economy on track. The government has been holding a series of consultations with various stakeholders to brainstorm on measures needed to accelerate economic growth, which dipped to a six-year low of 5 per cent in the first quarter of 2019-20.

Finance Minister Nirmala Sitharaman on Friday said various ministries have cleared Rs 40,000 crore out of Rs 60,000 crore due mainly to MSMEs for supply of goods and services, and the remaining amount not locked in litigation too will be paid by the first week of next month.