New Delhi: Finance Minister Nirmala Sitharaman on Friday will announce the 3rd tranche of economic package at 4 PM.
She is likely to address problems faced by hospitality, tourism and transport sectors.
Sitharaman on Thursday announced relief measures to benefit migrant workers, street vendors, small traders, self-employed people and small farmers.
Announcements made in 2nd tranche of economic package
- The announcements made included free foodgrain for migrants for the next two months, introduction of 'One Nation, One Ration Card by March 2021.
- For street vendors, a liquidity provision of Rs 5,000 crore to provide credit facility to 50 lakh street vendors.
- For the lower-middle-income group with an annual income of Rs 6 lakh to 18 lakh, a credit-linked subsidy scheme was introduced in May 2017 which was to last till March 31, 2020. This has been extended to March 31, 2021.
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Prime Minister Narendra Modi had on Tuesday announced a cumulative package of Rs 20 lakh crore (nearly 10 per cent of GDP) to provide relief to various segments of the economy.