Stimulus packages or quantitative easing measures amounting to Trillions of Dollars have been taken by the Global governments. Following The Federal Reserve in the United States is India whose package accounts for 20 Trillion Rupees which is close to 10 percent of the Indian GDP.
Sr No. | Items | Amounts (in Crore) |
1 | Part 1 | 594,550 |
2 | Part 2 | 310,000 |
3 | Part 3 | 150,000 |
4 | Part 4 and Part 5 | 48,100 |
Sub-total | 1,102,650 | |
5 | Earlier measures including PMGKP | 192,800 |
6 | RBI measures | 801,603 |
Sub-total | 994,403 | |
GRAND TOTAL | 2,097,053 |
The parts include-
Part 1
Emergency W/C Facility for Businesses, including MSMEs, Subordinate Debt for Stressed MSMEs, Fund of Funds for MSMEs, Reduction in EPF rates, Reduction in TDS/TCS rates, and more.
Part 2
Free food grain supply to migrant workers for 2 months, Interest Subvention for MUDRA Shishu Loans, Housing CLSS-MIG, and more.
Part 3
Food microenterprises, Pradhan Mantri Matsya Sampada Yojana, Beekeeping initiative, Agri Infrastructure fund.
Part 4 and Part 5
Viability Gap Funding and Additional MGNREGS allocation.
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