India announces $4.1b stimulus package
Monday, 8 December 2008
NEW DELHI: The prime minister's office has announced a $4.1 billion stimulus package to boost India's slowing economy in the face of the global financial meltdown. It said in a statement Sunday that the money will be spent for building infrastructure, providing export incentives, helping banks, and offering relief to people who have taken home loans. — AP/UNB