NEW DELHI: The first
package
in the Atmanirbhar Bharat Abhiyan unveiled by FM
Nirmala Sitharaman
on Wednesday seems to have leant more on public sector banks (PSBs) and institutions, and the outgo from the Budget appears to be minimal.
While the Rs 3-lakh-crore automatic loan for businesses and MSMEs is backed by government guarantee, the burden will be felt by PSBs. Similarly, the Rs 90,000-crore liquidity infusion for distribution companies will be handled by entities such as Power Finance Corporation and
Rural Electrifica