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The package that Joe Biden announced was more than half the size of the Indian economy
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The package that Joe Biden announced was more than half the size of the Indian economy

Read Time:2 Minute, 21 Second

The newly elected US President Joe Biden has announced a stimulus package of $ 1.9 trillion. This amount is more than half the size of the entire economy of India. India’s economy is about three trillion dollars. Even before this, the US has given a trillion dollar Covid package.

Biden made the announcement the following week before assuming power. This stimulus package is to overcome the slowdown in the economy from the Covid-19 epidemic. If the US Congress approves, then one trillion dollars will be for American families, which will directly give all American citizens $ 1,400, or about 30 thousand rupees.

This relief package includes $ 415 billion to deal with the corona virus and $ 440 to help small businesses. Joe Biden of the Democratic Party promised that he would win the war against the Corona virus, which has killed three and 85 thousand American citizens.

In his election campaign last year, Biden said that he would deal with the Corona epidemic more effectively than Trump. Biden has come with a relief package when America is badly hit by Corona in winter. More than two lakh new cases are coming up every day and more than 4000 deaths are happening.

What did joe Biden say?

“It’s clear that the humanitarian crisis is deep,” Biden said Thursday night in Delaware, his home town of Wilmington. We cannot waste any more time. The health of our country is at stake. We have to do it and now immediately. We will stumble but we will be honest with you.

What is the plan for Corona virus?

Biden wants $ 20 billion to be spent on Kovid vaccination of American citizens. Under this, there is a plan to send vaccine mobile units to far-flung areas.

Two effective vaccines are being given in Trump administration, but health officials say that there is a need to accelerate this. Biden said that his government will deliver 10 crore vaccines in 100 days.

Joe Biden’s plan includes $ 50 billion for the expansion of Corona Testing and $ 130 billion for the opening of schools. Apart from this, there are also plans to appoint one lakh public health workers. These will be applied in contact tracing.

What are Joe Biden going to do for the economy?

18 million Americans have been unemployed in the Covid epidemic. There is a plan to increase the amount of unemployment allowance from $ 300 per week to $ 400. It can be extended till September.

There will also be a ban on not evicting the house from any tenant. Under this proposal, US citizens will get $ 1,400 directly. Last month, $ 600 was given. In addition, Biden will propose to bring the federal minimum wage to $ 15 per hour in Congress.

Also read: New US President Biden assures Prime Minister Modi, will act with, worried China

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Rajveer Sekhawat

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