No amount of govt. steps adequate to deal with Covid impact: FM

TIL Desk/Business/New Delhi/ Finance Minister Nirmala Sitharaman said on Thursday that the government has taken several of measures to support the economy but no amount of intervention will be adequate to deal with the crisis triggered by the COVID-19 pandemic.

Addressing the annual general meeting of the Indian Chamber of Commerce (ICC), Sitharaman said that while in early 2020 green shoots and revival signs of the economy were visible, it was upset with the pandemic setting in.

The government has taken steps for interventions by consulting several chambers of commerce, and Prime Minister Narendra Modi also took feedback from the industry, she said. For instance, the Garib Kalyan Yojana, free cooking gas and direct benefit transfer schemes were announced by the government, Sitharaman said.