TIMES OF INDIA
THE TIMES OF INDIA | May 14, 2020, 17: 32: 58 IST
Nirmala Sitharaman on Wednesday unveiled the first tranche of the mega economic package aimed at uplifting the economy battered by the nationwide lockdown to combat the spread of coronavirus. The FM is announcing the next set of measures under the Atmanirbhar Bharat Abhiyan. Stay here for all live updates.
Rs 30,000 crore additional emergency working capital fund to be provided through NABARD to small, marginal farmers: FM
Rs 2 lakh crore concessional credit will be initiated to 2.5 crore farmers through Kisan Credit Cards: FM
Government to extend the Credit Linked Subsidy Scheme (CLSS) for middle income group (annual income Rs 6-18 lakhs) up to March 2021; 2.5 lakh middle income families to benefit during 2020-21: FM
Government will launch a special scheme within a month to facilitate easy access to credit to street vendors. Will provide Rs 5,000 crore special credit facility for street vendors. Initial working capital of Rs 10,000 will be provided to them: FM
Interest subvention support of 2% for those who have availed loans under Mudra Shishu loan (Rs 50,000 or less) will be given after 3 month moratorium period ends. It will benefit over 3 crore people under the shishu category: FM
Govt to launch a scheme for affordable rental ho