Stimulus Package in India

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) 
Part 1 594,550 
Part 2 310,000 
Part 3 150,000 
Part 4 and Part 5 48,100 
Sub-total 1,102,650
Earlier measures including PMGKP 192,800 
RBI measures 801,603 
Sub-total  994,403
GRAND TOTAL2,097,053

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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