There is a possibility of a financial emergency being declared in India.

The claim was dismissed by Finance Minister Nirmala Sitharaman that there is no plan to declare a financial emergency in India.

The claim was dismissed by Finance Minister Nirmala Sitharaman that there is no plan to declare a financial emergency in India.An article claiming that Prime Minister Narendra Modi was likely to declare a financial emergency in India went viral on social media.

The Finance Minister Nirmala Sitharaman refuted the claim during her press conference conducted on March 24, 2020, when she announced some financial measures to overcome the COVID-19 crisis and its economic repercussions on citizens.

Reference links

The Economic Times

refutes

Business Standard

refutes

The Times of India

refutes

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