20 Lakh Crore COVID-19 package Distribution.

Breakup of Modi govt's Rs 20 lakh crore economic booster ...
MARCH 26, 2020

PRADHAN MANTRI GARIB KALYAN YOJANA: 1.7 LAKH CRORE,(0.85% OF GDP)

■ Front-loading of PM Kisan funds:  
  17,380 crore
■ Building and Other Construction 
   Workers Welfare
   Cess Fund: `31,000 crore
■ District Mineral Foundation Funds: 35,925 crore
   ADDITIONAL FISCALCOST: 85,695 Cr.(0.43% of GDP)

MARCH 27, 2020

   LIQUIDITY INJECTION BY RBI :3.74 LAKH CR (1.8%    of GDP)
■Targeted Long-Term Repo Operations (TLTRO)    
   : 1,00,000 crore
■ CRR cut by 100 basis points to 3%: 1,37,000 crore
■ Accommodation under Marginal Standing Facility hiked    from 2% of SLR to 3%: 1,37,000 cr.

APRIL 17, 2020

LIQUIDITY INJECTION BY THE RBI SIZE: 0.5% of GDP
■ TLTRO 2.0: 50,000 crore
■ Refinance of Sidbi, Nabard and NHB: 50,000 crore 

APRIL 27, 2020

SPECIAL LIQUIDITY FACILITY FOR MFs:50,000 Cr.
 (25% OF GDP)

MAY 12, 2020

PM Narendra Modi announces ` 20 lakh crore
AtmaNirbhar package, says size is 10% of GDP,
including announcements made by RBI and FM earlier

MAY 13, 2020

TRANCHE 1 OF ATMANIRBHAR PACKAGE: 5.94 LAKH Cr (2.97% of GDP)
■ Collateral free automatic loans to MSMEs, 100%
   core guarantee cover to banks, NBFCs: 3 lakh crore
■ Subordinate debt to stressed MSMEs: 20,000 crore
■ Equity infusion for MSMEs: 50,000 cr.
■ EPF support for 3 months: 2,500 cr.
■ EPF contribution reduced for 3 month: 6,750 cr.
■ Liquidity scheme for NBFCs/ HFCs/ MFIs: 30,000 cr.
■ Partial Credit Guarantee Scheme 2.0 for NBFC     
   first 20% loss borne by govt: 45,000 cr.
■ Liquidity injection by REC and PFC: 90,000 cr.
■ 25% reduction in TDS/TCS rate: 50,000 cr.

MAY 14, 2020


   SIZE: 3.10 LAKH CR. (1.55% OF GDP)

■ Free food grain supply to migrants for 2 mths: 3,500 cr
■ Interest subvention of 2% for prompt-payees of Mudra-     Shishu loans: 1,500 crore
■ Special liquidity scheme to provide 10,000 working    
   capital to 50 lakh street vendors: 5,000 cr.
■ Credit-linked subsidy scheme for middle income    
   families (6-18 lakh a year)
■ Additional emergency working capital for farmers 
   through NABARD: 30,000 cr
■ Concessional credit to 2.5 crore farmers through Kisan    Credit Cards: 2 lakh crore


MAY 15, 2020


   SIZE: ` 1.5 LAKH CR (0.75% OF GDP)

■ Financing facility for agri infra projects:  1,00,000 cr
■ Scheme for formalisation of Micro Food Enterprises    
   :10,000 crore
■ Funding for fishermen: 20,000 crore
■ Animal Husbandry Infrastructure Development Fund be
   set up: 15,000 cr
■ Essential Commodities Act to be to    
  amended  “deregulate” agricultural foodstuffs and    
  allow clamping of stock limits on these only under “very 
  exceptional circumstances”
■ Formulation of a central law that will not bind farmers to
   sell crop only to licensed traders in the    
   APMC (Agricultural Produce Market Committee)  
   mandis : 30,000 Cr(0.15% OF GDP)

MAY 16, 2020


  SIZE: 8,100 CRORE (0.04% OF GDP)

■ Defence FDI hiked to 74% from 49%
■ Viability gap funding (VGP) for social infrastructure
   8,100 CRORE VGP (0.04% OF GDP)

MAY 17, 2020

■ Limit of state borrowings increased to 5% from 3%    
   of GSDP
■ MGNREGA gets additional `40,000 cr: 40,000 Cr   
   (0.2% of GDP)

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