“Aatma Nirbhar Bharat” Package Details In Shortcut: Read and Memorize Now

23/07/2020

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“Aatma Nirbhar Bharat” Package Details: In Shortcut

PM announced a special economic package on 12 May. This will play an important role in the ‘Atmanirbhar Bharat Abhiyan’. The announcements made by the govt over COVID, decisions of RBI & today’s package totals to Rs 20 Lakh Crores.
These reforms will focus on strengthening the infrastructure, economy and buisness in India. Aatma Nirbharta will help India to excell in the competition of global supply change and the new economic package is made keeping in mind to increase the efficiency and improve quality of all sectors.
Pillars of “Aatma Nirbhar Bharat”
1. Economy- quantum jump not incremental change
2. Infrastructure- for modern India
3. System- technology driven for 21st century
4. Demography- vibrant demography as world’s largest democracy
5. Demand- optimism demand and supply chain in the economy

Nirmala Sitharaman Press Conference daily basis (13th May to 17th May) and Provide Details about “Aatma Nirbhar Bharat” Package

♦Nirmala Sitharaman Press Conference Important Highlight

Tranche 1: Rs 5,94,550 crore
Tranche 2: Rs 3,10,000 crore
Tranche 3: Rs 1,50,000 crore
Tranche 4+5: Rs 48,100 crore

Sub-total- 11,02, 650

Earlier measures including PMGKP: Rs 1,92,000 crore
RBI measures: Rs 8,01,603 crore

Sub-total- 9,94,403Cr.

⇒Total: 20,97,053 crore

♦Nirmala Sitharaman First tranche (13th May) announcements (Amount -5,94,550cr.)

ITEM	Amount (In cr.)
Collateral-free Automatic loan to the MSMEs	Rs 3 lakh crore
Subordinate debt for stressed MSMEs	20000 cr.
Fund to fund Provide equity for MSMEs	50000cr
Spl liquidity scheme for NBFCs/ HFCs/ MFIs	30000 cr.
Partial Credit guarantee scheme 2.0 for Liabilities of NDFCs/MFIs	45000 cr.
Govt. to pay PF for both Business & Workers	2800cr.
Lower PF contribution of 10%	6750cr
Power Discoms Liquidity Injection	90000cr.
TDS/TCS rate cut by 25% of existing rate	50,000cr
Total	5,94,550cr.

READ MORE DETAILS: Nirmala Sitharaman First tranche Details

♦Nirmala Sitharaman Second tranche (14th May) announcements (Amount 3,10,000cr.)

ITEM	Amount (In cr.)
Free Food grain supply to Migrant Workers for 2 Months	3500cr.
Interest Subvention for MUDRA Shishu loan	1500cr.
Special credit facility to street vendors	5000cr.
Housing Clss- MIG	70000cr.
Additional Emergency working capital through NABARD	30000Cr.
Additional credit through KCC	200000cr.
Total	3,10,000cr.

READ MORE DETAILS: Nirmala Sitharaman Second tranche announcements

♦Nirmala Sitharaman Third tranche (15h May) announcements (Amount 1,50,000cr.)

ITEM	Amount (In cr.)
Food Micro Enterprises	10000cr.
Pradhan Mantri Mastsya Sampada Yojana	20000cr.
TOP to total- operation Greens	500cr.
Agri Infrastructure fund	100000cr.
Animal Husbandry Infrastructure Development fund	4000cr.
Beekeeping Initiative	500cr.
Total	1,50,000cr.