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Financial Package 2

Union Finance Minister Nirmala Sitharaman has been releasing the details of the ₹20 lakh crore economic package in tranches. The main aim of releasing the mega economic package is to make India self-reliant. Yesterday, Sitharaman announced 15 relief measures for the real estate sector, NBFCs, MSMEs, etc. Today, she made announcements for the welfare of urban poor, farmers, and laborers. Important announcements in Sitharaman’s press conference Sitharaman announced that 300 Shramik special trains are allowed […]

MSME Relief Package

Going ahead with the Prime Minister’s Atmanirbhar Bharat Abhiyan, the finance minister Nirmala Sitharaman today announced the first installment of the package. Today’s announced prominently focused on the MSME sector. Let us count the key takeaways of the MSME relief package. Change in definition of MSME According to the new definition; Micro units will have investments up to 1Cr and turnover up to 5 Crores. Small units can have investments up till 10 Cr and […]

economic package by nirmala sitharaman

Today, the Union Finance Minister Nirmala Sitharaman shared the details of the latest economic package of the government. This economic package focuses on SMEs, farmers, laborers, industries, and the middle-class. In the press conference, Sitharaman said that the banks aren’t stepping down from disbursing loans. A lot of customers are talking about availing loans after the lockdown ends. Thus, sanctioned loans aren’t released yet. Beneficiaries of the latest Economic Package Regarding the new change in […]



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