Indian Prime Minister Announces $265 Billion Economic Package

The video discusses India's economic package to mitigate the effects of the coronavirus lockdown, which is about 10% of the GDP, aimed at supporting farmers and small businesses. The lockdown, initiated in late March, has been extended through May, with essential services remaining open. Despite the lockdown's economic toll, infection rates are relatively low compared to other countries. The government has eased restrictions, but the virus is spreading more rapidly.

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