The day after Finance Minister Nirmala Sitharaman announced Rs 1 lakh crore spending package, a top government source said that the Centre has not closed option for another stimulus package. The government is closely watching the situation and will act accordingly. The government will take a hit of Rs 6,500 crore if it gives waiver of interest on interest on term loans which is currently in the Supreme Court. According to the official, the government will not differentiate and pass on the benefit to those people also who had not opted for a moratorium and were regularly paying EMIs on their term loan. The government sources said that it will badly hit the financial health of banks.
