New Delhi: The government is under heavy criticism for the ongoing recession in the country. All the industries of the country - businesses are stalled. Large-scale employment is ending due to sluggishness. The government has not been able to do anything special so far on the issue of the economy. All economic agencies are concerned about the development of the country. Meanwhile, Finance Minister Nirmala Sitharaman may once again come up with ideas of relief. The Finance Minister will do this at 2.30 pm today in which she can make a significant announcement to promote the Realty and export sector.

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Sitharaman's press conference will be held at the National Media Center in Delhi. According to the news, the finance minister may make big announcements for auto, non-banking finance company, banking, real estate and other sectors at this press conference. This will be the third time in the last 1 month when Finance Minister Nirmala Sitharaman can make major announcements for the improvement of the economy. Earlier on August 30, through a press conference, he made many big announcements about the banking sector. The Finance Minister announced the formation of four banks by merging 10 government banks (PSBs).

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In which Punjab National Bank will merge with United Bank of India and Oriental Bank. Similarly, Union Bank of India, Andhra Bank and Corporation Bank will be together in the second merger. Apart from this, Canara Bank will include Syndicate Bank and Indian Bank will include Allahabad Bank. The Finance Minister had also made major announcements earlier on 23 August. But there is no major impact on the health of the economy.

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