Economic Stimulus: Know how Rs 20 lakh crores will be spent

Published : May 17, 2020, 1:31 PM IST

Updated : May 17, 2020, 7:38 PM IST

Finance Minister Nirmala Sitharaman on Sunday said that the overall stimulus package under the Atmanirbhar (self-reliant) Bharat amounts to Rs 20,97,053 crores.

Nirmala Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman on Sunday listed all the measures and allocations made under the Rs 20 lakh crore economic package for the 'self-reliant India' programme, announced by Prime Minister Narendra Modi.

On Sunday, she listed measures worth Rs 20,97,053 crore including RBI measures and steps announced under Pradhan Mantri Garib Kalyana Package (PMGKP).

Accordingly, on the fifth and final day of detailing the mega Rs 20 lakh crore economic package under the Centre's 'Self-Reliant India Movement', the minister gave the break-up of the package.

Under the break-up, on the first day announcements with allocations worth Rs 5,94,550 crore were made
Stimulus provided in tranche 1
On the second day steps on agriculture, housing, rural sectors worth Rs 3,10,000 crore were made.
Stimulus provided in tranche 2
Rs 1,50,000 crore were allocated for several schemes to revive agriculture and allied sectors amongst others on the third day.
Stimulus provided in tranche 3
On the fourth and the fifth day, the FM gave a mega push to boost mining, defence, civil aviation and power distribution sectors via structural reforms and stimulus worth Rs 48,100 crore.
Stimulus provided in tranche 4 and 5
Consequently, these steps come to a total of Rs 11,02,650 crore.
Stimulus from earlier measures
The package also include earlier announcements under PMGKP worth Rs 1,92,800 crore and RBI measures including Rs 8,01,603 crore which come to Rs 9,94,403 crore.
Overall stimulus provided

(IANS Report)

On Sunday, she listed measures worth Rs 20,97,053 crore including RBI measures and steps announced under Pradhan Mantri Garib Kalyana Package (PMGKP).

Accordingly, on the fifth and final day of detailing the mega Rs 20 lakh crore economic package under the Centre's 'Self-Reliant India Movement', the minister gave the break-up of the package.

Under the break-up, on the first day announcements with allocations worth Rs 5,94,550 crore were made
Stimulus provided in tranche 1
On the second day steps on agriculture, housing, rural sectors worth Rs 3,10,000 crore were made.
Stimulus provided in tranche 2
Rs 1,50,000 crore were allocated for several schemes to revive agriculture and allied sectors amongst others on the third day.
Stimulus provided in tranche 3
On the fourth and the fifth day, the FM gave a mega push to boost mining, defence, civil aviation and power distribution sectors via structural reforms and stimulus worth Rs 48,100 crore.
Stimulus provided in tranche 4 and 5
Consequently, these steps come to a total of Rs 11,02,650 crore.
Stimulus from earlier measures
The package also include earlier announcements under PMGKP worth Rs 1,92,800 crore and RBI measures including Rs 8,01,603 crore which come to Rs 9,94,403 crore.
Overall stimulus provided

(IANS Report)

Last Updated : May 17, 2020, 7:38 PM IST

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Economic Stimulus: Know how Rs 20 lakh crores will be spent

Finance Minister Nirmala Sitharaman on Sunday said that the overall stimulus package under the Atmanirbhar (self-reliant) Bharat amounts to Rs 20,97,053 crores.

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