On Monday 27th July 2020, Finance Minister Nirmala Sitharaman said that “banks have sanctioned ₹ 89,810 crores to about 1.1 crores Kisan Credit Card (KCC) holders to help farmers meet finances for Kharif sowing and allied activities.” As part of the ₹ 20.97 lakh crore stimulus package, the government had announced ₹ 2 lakh crore of concessional credit through KCC to 2.5 crore … [Read more...]
Third Phase of Atma Nirbhar Bharat Package
After relief measures for MSMEs, shadow banks, migrant labourers, street vendors, and small farmers. On Friday Finance Minister Nirmala Sitharaman released the third tranche of the ₹ 20 lakh crore economic package, focusing on agriculture, fisheries, and allied activities. Key Highlights of the 3rd phase of the Atma Nirbhar Bharat Package: ₹ 1 lakh crore Agri Infrastructure … [Read more...]
Finance Minister’s second set of “Atma Nirbhar Bharat”
On Thursday The Finance Minister Nirmala Sitharaman announces the second tranche of India's ₹ 20 lakh crore COVID-19 relief package, with a focus on migrant workers, farmers, and urban poor. Where on Wednesday's announcements focused on small businesses, non-bank lenders, and the power sector. Here are the key highlights of second announcements of “Atma Nirbhar Bharat”: ₹ … [Read more...]