Finance Minister Nirmala Sitharaman today unveiled a new scheme, called Atmanirbhar Bharat Rozgar, and announced incentives to home buyers to rescue the economy out of a historic contraction caused by the coronavirus pandemic. The moves were part of the government's broader Atmanirbhar Bharat series of steps, aimed at fuelling a rebound in the ailing economy, which is headed for its worst annual contraction in four decades. The Finance Minister said the country's economy is seeing a strong recovery taking root, which is due not only to pent-up demand.
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