FM Lists All Measures And Allocation Under The 20 Lakh Crore Eco Package

Publish On: 17 May, 2020 03:35 PM | Updated   |   Madhurima  

NEW DELHI: Nirmala Sitharaman, the Finance Minister of India on Sunday listed out all the models and allocations made under the Rs 20 lakh crore economic package for the ''self-reliant India'' programme, announced by Prime Minister Narendra Modi.

Today, she listed measures worth Rs 20,97,053 crore, which included measures for the  RBI and steps announced under Pradhan Mantri Garib Kalyana Package (PMGKP).

Also Read: COVID-19: Cases In India Have Crossed The 90,000 Mark; Death Toll At 2,872

Accordingly, on the fifth and final day of detailing the mega Rs 20 lakh crore economic package under the country's ''Self-Reliant India Movement'', the minister gave the division of the package.

Under the break-up, on the initial day announcements with allocations worth Rs 5,94,550 crore were made, while on the next day that followed, steps on agriculture, housing, rural sectors worth Rs 3,10,000 crore were made.

Besides, Rs 1,50,000 crore was allocated for several projects and schemes to revive agriculture and allied sectors among others on day 3.

On the fourth and therefore the fifth day, the FM gave a mega push to uplift mining, defence, civil aviation and power distribution sectors via structural reforms and stimulus worth Rs 48,100 crore.

Consequently, these steps come to a complete of Rs 11,02,650 crore.

The package also included earlier announcements under PMGKP worth Rs 1,92,800 crore and RBI measures including Rs 8,01,603 crore which come to Rs 9,94,403 crore.

On the very first day of the announcements which started on May 13, the Minister announced a slew of fiscal and regulatory measures for MSMEs, land, NBFCs, power distribution and general businesses.

Also Read: 11 Migrant Workers Killed In 2 Incidents In Madhya Pradesh

While, on the second day, agriculture, housing, rural sectors got a big Central fiscal raise.