NEW DELHI: Finance minister Nirmala Sitharaman on Sunday shared the breakup of the Rs 20 lakh crore relief kit whereas addressing her fifth presser for the reason that stimulus became introduced by Prime Minister Narendra Modi on Can even 12.
Sitharaman stated Rs 20 lakh crore contains Rs 8.01 lakh crore of liquidity measures introduced by the Reserve Bank since March and moreover contains the Rs 1.92 lakh crore kit of free foodgrain and cooking gasoline to dejected and cash to a pair sections introduced in March.
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Right here is the math on the aid of the Rs 20 lakh crore relief kit:
The five portion stimulus kit introduced starting Can even 13 comprised Rs 5.94 lakh crore in the important tranche that equipped credit line to shrimp agencies and toughen to shadow banks and electrical energy distribution corporations
The second tranche integrated free foodgrain to stranded migrant employees for 2 months and credit to farmers, totalling Rs 3.10 lakh crore
Spending on agri infrastructure and other measures for agriculture and allied sectors in the third tranche totalled to Rs 1.5 lakh crore
The fourth and fifth tranches that dealt principally with structural reforms totalled to Rs 48,100 crore
Right here is the summary of the entire announcements up to now, totalling over Rs 20 lakh crore