City
Epaper

Sitharaman to announce last tranche of economic package today

By ANI | Updated: May 17, 2020 08:35 IST

The last tranche of economic package announcement by Union Finance Minister Nirmala Sitharaman will be held on Sunday.

Open in App

The last tranche of economic package announcement by Union Finance Minister Nirmala Sitharaman will be held on Sunday.

Sitharaman will announce the last tranche of Rs 20 lakh crore stimulus package at 11 am today.

The Finance Minister on Saturday said that the central government will introduce competition, transparency and private sector participation in the coal sector and will do infrastructure development of Rs 50,000 crore.

Earlier on Friday, Sitharaman announced Rs 1 lakh crore Agri Infrastructure Fund for farm gate infrastructure for farmers and Rs 10,000 crore scheme for the formalisation of Micro Food Enterprises (MFEs) under the Rs 20 lakh crore stimulus package.

She also proposed amendments to the Essential Commodities Act to enable better price realisation for farmers and said no stock limit should apply to processors or value chain participants.

On Thursday, the Finance Minister announced the 'One Nation One Ration Card', free food grain supply to migrants and creation of affordable rental housing complexes (ARHC) in urban areas for migrant workers and poor under the COVID-19 stimulus package.

The announcements came after the Prime Minister on Tuesday announced the economic package for the country to become 'self-reliant' and deal with COVID-19 crisis.

( With inputs from ANI )

Tags: Micro food enterprisesArhcNirmala Sitharaman
Open in App

Related Stories

NationalGST Overhaul: Council Targets Uniformity, Balances Relief for Middle Class with Luxury Tax Hike

NationalGST Council Meeting: Middle-Class Households Poised to Gain Big from Tax Relief

NationalNirmala Sitharaman Likely to Introduce New Income Tax Bill in Lok Sabha Next Week

NationalLoan EMI Calculator: How Much Will You Save With Lower EMIs and New Income Tax Slabs?

MaharashtraBudget 2025: Sanjay Raut Calls Special Announcements for Bihar an 'Election Package' (Watch Video)

National Realted Stories

NationalVillager brutally killed by Maoists in Chhattisgarh's Bijapur over alleged police link

NationalCM Khandu hails Assam Rifles, villagers for swift rescue in Arunachal landslide; expresses grief over deaths of two workers

NationalAndhra Pradesh Governor, CM pay tributes to Mahatma Gandhi, Lal Bahadur Shastri

NationalWe are on high alert to avoid Sep 26-like Bareilly riots: DM Avinash Singh ahead of Friday prayers

NationalRG Kar victim's parents call for resurrection of mass movement till 'justice is attained'