FM Nirmala Sitharaman - Press Conference at 11 AM IST- DAY 5

[Kool_SRG]

Finance Minister Nirmala Sitharaman will hold a press briefing later on Wednesday to provide the fine-print of the economic package announced by Prime Minister Narendra Modi to help fight the COVID-19 pandemic, CNN-News18 reported. However, official statement on the time of the press conference yet to be announced. 

The focus of the package will be on labourers and small scale sectors, according to sources. The Centre wants to ensure employment, maintaining the demand and supply chain and ensure consumption of non-essential goods, added the sources.

Addressing the nation for the fifth time since the corona virus outbreak in India, Modi Tuesday announced a massive Rs 20 lakh crore package.

[Kool_SRG]

Recipients of COVID-19 economic package

Narendra Modi shed some light as to the intended recipients of the massive economic package announced on Tuesday evening.

"With the package, various sections of the society and economic links will get support," he said, adding, "land, labour, liquidity and laws are in focus in the package and it will support India's cottage industries, home industries, small and medium enterprises (SMEs)." 

This package is "for the country's labour, farmers who have worked in every condition and every weather and round the clock for the fellow countrymen, for India’s middle class who pays tax honestly and for industries," he added.

[Prince_Fan]

 

[Kool_SRG]

[snoww]

Antey free money isthara or interest free loans ?

[Prince_Fan]

3 minutes ago, snoww said:

Antey free money isthara or interest free loans ?

tax paying families ki 5K Rupees isharu

[Prince_Fan]

Thank god Modi is our PM

[snoww]

1 minute ago, Prince_Fan said:

tax paying families ki 5K Rupees isharu

Wow. US type stimulus aa

[Kool_SRG]

 

  

42 minutes ago, snoww said:

Wow. US type stimulus aa

Wait na why kangaaru bro...

[Kool_SRG]

36 minutes ago, Prince_Fan said:

tax paying families ki 5K Rupees isharu

Inka emi anipisthondi...

[Android_Halwa]

Enduko teda kodutundi...naku telisi budget  allocations ni kinda midaki chesi, annitiki oka 30% cut chesi, ave paisal ni banks ki diversion to fund MSMS and SME's in domestic manufacturing, raw materials procurement etc..elago last two months la no spending, no infra spending, no loans released, only service expenditure ae kada...ave paisal ikada tipputademo...

Already Mudra Loans thoti lauda la kalsipoinaru...malla malla ade thappu chesthe iga desi finance sector sanka nakipoinatte..

[Android_Halwa]

Major allocation, lion's share of package can be expected for state backed public infra projects..

IIFCL ki panduga po...aadi beneficiaries and vadu fund chese projects ki panta pandinatte...lion's share matram IIFCL ke...debba ki backlogged projects anni road ekkutayi..

[Kool_SRG]

2 minutes ago, Android_Halwa said:

Enduko teda kodutundi...naku telisi budget  allocations ni kinda midaki chesi, annitiki oka 30% cut chesi, ave paisal ni banks ki diversion to fund MSMS and SME's in domestic manufacturing, raw materials procurement etc..elago last two months la no spending, no infra spending, no loans released, only service expenditure ae kada...ave paisal ikada tipputademo...

Already Mudra Loans thoti lauda la kalsipoinaru...malla malla ade thappu chesthe iga desi finance sector sanka nakipoinatte..

Aah Package lo already earlier announced and RBI measures included anta...

Raithulaki Yr 6000 edoh scheme annaru highly doubt thats implemented lepi dobbutharu ikkada inko peru meedha chepthaaru mostly..

[Android_Halwa]

1 hour ago, Kool_SRG said:

Aah Package lo already earlier announced and RBI measures included anta...

Raithulaki Yr 6000 edoh scheme annaru highly doubt thats implemented lepi dobbutharu ikkada inko peru meedha chepthaaru mostly..

Kisan Sanman Nidhi....This one is now hugely popular and has been successfully implemented last year...

TG lo iche rythu bandhu scheme edi aithe vundo, 8000 rupees per acre, andulo 2000 rupees is by this scheme. Oka 10 states lo central Givernment iche paisal tho state add chesi istundi...This scheme will stay. Infact, additional ga insult subsidy, crop loan interest waiver , marketing nundi credit ga fertiliser and seeds etc, ilanti schemlu bochedu vastayi

[Android_Halwa]

Evarikaina villages la farm land vunte, passbook vunte...must and should ga maximum crop loan teesukondi...elago repayment period extend aitadi and time machigunte interest kuda waive ayitadi