29 JUNE 2021
STIMULUS PACKAGE POST COVID-19 SECOND WAVE
Finance Minister Nirmala Sitharaman announced relief measures for the economy post the second Covid-19 wave.
Government extended loan guarantees and concessional credit for pandemic hit sectors including health and tourism.
The government declared the financial implication of the package at Rs. 6.28 lakh crore.
o Additional Rs. 1.5 lakh crore for emergency credit guarantee scheme
o Credit guarantee scheme will facilitate loans to 25 lakh persons through microfinance institutions.
o Rs. 1.1 lakh crore loan guarantee scheme of Rs. 50,000 crore coverage for health sector and Rs.60,000 crore for other sectors
o Shall increase ICU beds, oxygen supply at central, district and sub-district level
o Atmanirbhar Bharat Rojgar Yojana extended to 31 March 2022
o PMGKY Scheme extended to November 2021
o Loans to over 11,00 tourism agents and guides.
Free tourist visas for first five lakh visitors.