Third stimulus package soon on cards: Minister

Cabinet is likely to unveil a third stimulus package soon to spur the slowing economy said Ashwani Kumar, minister of state for industry.

``There will be sector-specific packages announced very soon to boost consumption. There will be some packages for the infrastructure sector as well as for exporters``, he said.

However, he did not reveal any details about the proposed package. The current year would be a difficult year, but the country would still clock a respectable 6.5%-7% growth