71 pc Indians think govt’s stimulus package will lead to economic recovery: Study

MUMBAI: Around 71 per cent of Indians believe the Government’s over Rs 20 lakh crore stimulus package will lead to economic recovery, a study said.

The Centre earlier this month announced a mega relief package to mitigate the economic impact of the COVID-19 crisis.

A vast majority (71 per cent) of Indians either agree or strongly agree that the relief package will lead to economic recovery, the study by global market research and data company YouGov said.

The survey was done online by YouGov Omnibus among 1,005 respondents in India between May 19-22, 2020.

It found that respondents from tier-III cities are more likely to view this package favourably (76 per cent) than those from tier-I cities (67 per cent).

Further, only 15 per cent seem unhappy with the package.

Dissatisfaction is the highest among people from the south (21 per cent) as compared to the other regional residents, the survey said.

Similarly, tier-I residents (21 per cent) seem unhappier with the offered benefits compared to tier-II (14 per cent) and tier-III (10 per cent) residents.

Even though a majority support the economic package, fewer than half see it benefitting them personally.   (AGENCIES)