NEW DELHI: Union financing minister
Nirmala Sitharaman
on Thursday revealed the second tranche of procedures of the government’s “atmanirbhar (self-reliant) campaign”. With a view to revive the economy shuttered by the coronavirus lockdown, PM
Narendra Modi
had actually announced a Rs 20 lakh crore unique
economic plan
In its very first instalment on Wednesday, Sitharaman had announced Rs 3 lakh crore collateral-free automatic loans for services, consisting of MSMEs, as well as Rs 30,000 crore liquidity center for NBFCs, to name a few procedures.
Here are the bottom lines from the finance ministers’ address:
Government extends Rs 30,000 crore extra emergency credit assistance for farmers and around 3 crore farmers will benefit from this.
The centre will supply complimentary foodgrains to all migrants for the next 2 months. Non-card holders (migrants without NFSA or state card beneficiaries) will be given 5 kg