Finance Minister announces Government Reforms and Enablers across Seven Sectors under Aatma Nirbhar Bharat Abhiyaan KEY HIGHLIGHTS Rs 40,000 crore increase in allocation for MGNREGS to provide employment boost Increased investments in Public Health and other health reforms to prepare India for future pandemics Technology Driven Education with Equity post-COVID Further enhancement of Ease of Doing Business through IBC related measures ..
The third tranche of the Economic Package was focused on the degradation of the Industrial Infrastructure. Relief measures were given to coal, minerals, defense production, air space management, airports, MRO, distribution companies in UTs, space sector, and atomic energy...
The last tranche of the Economic Package focused on MGNREGA, Health and Education, Businesses and COVID Decriminalization of Company's Act, Ease of doing business, and Public Sector Enterprises and related matters. State governments and resources related to state governments...
The FM Smt Nirmala Sithraman announced the third tranche of the Economic Package. A press conference was done today that is on the 14th of May 2020. In her press conference on the 13th of May, the FM made some various changes in the Direct Tax and announced various relief measures for the MSMEs as well. In the second tranche, the FM announced measures for marginal farmers, Shishu Loans, small farmers, tribal employment, and measures related to housing. The third tranche was focused on agriculture and allied activities. Here are the highlights of the announcement made by the ..
But be it Lockdown 1.0 or 3.0, each address to the nation has been marked by rejoicing and zeal. After boosting the morale of India by conducting fly pasts to each corner of the nation alongside showering flowers, the real news came on 12th My, 2020, the 50th day of lockdown when Mr. Modi announced an economic package of around Rs. 20 lakh crores ..
The first tranche of the Rs 20 lakh crore economic package..
Relaxation in statutory and compliance matters announced by the FM..
Key Highlights of FM Speech dated 14th May 2020 on Economic Relief Package..
The FM Smt Nirmala Sithraman did a press conference today that is on the 14th of May 2020 to further give the details of the Economic Package. In her press conference yesterday the FM made some various changes in the Direct Tax and announced various relief measures for the MSMEs as well. The second tranche of the Economic Package focuses on 9 measures: 1. Three measures related to Migrant Workers (i) The government will give free food grain supply to migrants for 2 months. A total of Rs 3500 crores will be spent on this. (ii) Migra..
Finance Minister announce measures for relief and credit support related to businesses, especially MSMEs to support Indian Economy’s fight against COVID-19 Rs 3 lakh crore Emergency Working Capital Facility for Businesses, including MSMEs Rs 20,000 crore Subordinate Debt for Stressed MSMEs Rs 50,000 crore equity infusion through MSME Fund of Funds New Definition of MSME and other Measures for MSME No Global tenders for Government tenders of uptoRs 200 crore Extending the Employees Provident Fund Support for bus..
The Finance Minister, Smt. Nirmala Sitharaman announced an Economic Package today that is the 13th of May 2020 at 4:00 PM via a press conference. The Economic Package has been announced to fight the COVID-19 crisis. The Hon'ble PM while addressing the nation on the 12th of May made an announcement regarding the Economic Package worth Rs 20 lacs crore which is equivalent to 10% of India's GDP. Hon'ble FM started her speech saying, "The focus of the Economic Package will be factors for building Aatmanirbhar Bharat". The FM mentioned that 18,000 cror..