Loans worth Rs 5 cr, rise in income tax refunds may push up govt spending

The loans push is part of the government’s efforts to revive demand in a slowing economy. Data released on Friday showed that the economy expanded by 4.5% in the second quarter (ending September 30) of 2019-2020, the lowest rate of growth since March 2013.

from Hindustan Times - topnews https://ift.tt/2YaFBMu