Applaud finance minister Nirmala Sitharaman's bold initiatives under PM
Modi's leadership in reviving MSME sector: EAM Jaishankar
Today's initiative focuses on migrant workers, street vendors, small
traders, self-employed people, small farmers-- in all 9 steps to be announced
Among the 9 measures -- 3 are related to migrant workers, 1 for street
vendors, small traders, self-employed people, 2 on small farmers1 on housing
3 crore marginal farmers have already availed Rs 4 lakh cr of loans on
concessional rates,
Interest subvention and prompt repayment incentive on crop loans due from
March 1 has been extended to May 31
Direct support to farmers & rural economy provided post Covid-19 as
part of Aatma Nirbhar Bharat Package
25 lakh new Kisan Credit Cards have been sanctioned with a loan limit of
Rs 25,000 crore
The government has permitted state governments to utilise SDRF for
setting up shelter for migrants and providing them food and water etc.
We are conscious, we are attending
to the migrants and giving them in various different ways
Minimum wage for workers hiked from Rs 182 to Rs 202 per day. States and
UTs have also been told to provide jobs to migrants
12,000 self-help groups (SHGs) have produced more than 3 crore masks and
1.2 lakh litres of sanitizers during Covid-19 period. 7,200 new SHGs for urban
poor have been formed during the last two months
We want to give the right to minimum wage universally to all workers. We
are proposing a national floor-wise wage rate so that uniform wage rate
prevails across states
Govt permitted state governments to utilise SDRF for setting up shelter
for migrants
We have already generated 14.62 crore person-days of work till 13th May,
which is 40-50% more persons enrolled as compared to last May. Migrant workers
going back to their states being actively enrolled
Free food grains supply to all migrants for the next 2 months. For
non-card holders, they shall be given 5kg wheat/rice per person & 1 kg
chana per family/month for 2 months. 8 crore migrants will benefit- Rs 3,500
crore will be spent on this
Public ditribution ration cards can be used in any ration shops irrespective
of the states. One nation one ration card will be implemented and we assure
100% of national portability of these cards by March 31, 2021
Govt to launch a scheme for affordable rental housing for migrant
workers/urban poor to provide ease of living by converting government-funded
housing in cities into Affordable Rental Housing Complexes (ARHC) under PPP
mode through concessionaire
Interest subvention support of 2% for those who have availed loans under
Mudra Shishu loan (Rs 50,000 or less) will be given after 3 month moratorium
period ends. It will benefit over 3 crore people under the shishu category
Government will launch a special scheme within a month to facilitate easy
access to credit to street vendors. Will provide Rs 5,000 crore special credit
facility for street vendors. Initial working capital of Rs 10,000 will be
provided to them
Government to extend the Credit Linked Subsidy Scheme (CLSS) for middle
income group (annual income Rs 6-18 lakhs) up to March 2021; 2.5 lakh middle
income families to benefit during 2020-21
Rs 2 lakh crore concessional credit will be initiated to 2.5 crore
farmers through Kisan Credit Cards
Rs 30,000 crore additional emergency working capital fund to be provided
through NABARD to small, marginal farmers
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