Finance Minister Nirmala Sitharaman has announced eight economic relief measures to help individuals and business amid the coronavirus pandemic.
Here are the key updates from the presser:
FM announces 1.1 lakh crore loan guarantee scheme for Covid affected sectors
Loan guarantee scheme includes Rs 50,000 crore for health sector
Credit Guarantee Scheme for 25 Lakh Persons through Micro Finance Institutions
'Credit guarantee scheme to focus on new lending, not repayment of old ones'
FM announces an additional Rs 1.5 lakh crore for Emergency Credit Line Guarantee Scheme
Relief package for the tourism sector: Financial support to 11,000 registered tourist guides. Loans with 100% govt guaranteed up to Rs 10 lakh for Travel and Tourism stakeholders and up to Rs 1 lakh tourist guides.
Free tourist visa to 5,00,000 tourists. Scheme to be applicable till 31st March, 2022
Government announces extension of Atmanirbhar Bharat Rozgar Yojana
Finance Minister announces Rs 23,220 crore more for public health with the primary focus on children and paediatric care
Govt announces additional Rs 19041 crore for BharatNet PPP model. @NewIndianXpress @TNIEBiz pic.twitter.com/w3jZiA0vqt