Union Finance Minister Nirmala Sitharaman said on Sunday that the overall economic recovery plan for the ATMANIRBHAR BHARAT MISSION was Rs 20.97.053, as it summed up the funds previously spent.
According to Nirmala Sitharaman, the first advertising tranche as part of the economic package for Prime Minister Narendra Modi amounts to 594,550 rupees.
On Wednesday, she focused on micro, small and medium enterprises (MSMEs) and the middle class.
The incentive for the second tranche of the economic package was 310 billion rupees and for the third tranche, 150 billion rupees were announced.
According to Hindustan Times, the Finance Minister of India declared on Thursday that “One Nation One Ration Card”, the free provision of food grains to migrants and the creation of affordable rental housing complexes (ARHC) in urban areas for migrant workers and the poor as part of the COVID 19 recovery plan.
On Friday, she announced the Rs 1 lakh crore Agricultural Infrastructure Fund for Farm Gate Infrastructure for Farmers and the formalization program of Rs 10,000 crore for Micro Food Enterprises (MFE) as part of the stimulus program Rs 20 lakh.
She also proposed amendments to the Commodities Act to improve price recovery for farmers and said that an equity cap should not apply to processors or participants in the value chain.
In the fourth and fifth installments of the economic package, the amount amounts to 48.1 billion rupees, said the Union finance minister.
The finance minister declared that eight sectors would undergo structural reforms, including coal, minerals, defense production, airspace and airport management, MRO, energy distribution companies in the Union territories, space, and nuclear energy…
On Sunday, she focused on MGNREGA, health, education, business, decriminalization of businesses, single business, the public sector, and businesses, as well as state government and related resources with state governments.
She added that previous measurements, including the Pradhan Mantri Garib Kalyan (PMGKY) package, were Rs 192,800 and that the Reserve Bank of India (RBI) measurements were Rs 801,603.