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2nd tranche of eco package highlights

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Press Trust of India New Delhi
Last Updated : May 14 2020 | 7:00 PM IST

Following are the highlights of second tranche of Rs 20 lakh crore comprehensive economic package announced by Finance Minister Nirmala Sitharaman to tide over the COVID-19 crisis.

* 3 crore farmers with loans of over Rs 4 lakh crore availed the benefit of 3-months moratorium
* 25 lakh new Kisan Credit Cards sanctioned with a loan limit of Rs 25,000 crore
* Rs 2 lakh crore concessional credit boost to 2.5 crore farmers through Kisan Credit Cards
* Rs 86,600 crore loans approved for 63 lakh farmers in March and April
* Support of Rs 4,200 crore provided to states under RIDF during March for developing rural infra
* Rs 30,000 crore additional emergency working capital fund to be provided by NABARD
* Rs 10,000 crore spending towards payment of wages under MNREGA till May 13
* enrollment drive being undertaken for returning migrants
* Free foodgrain supply to about 8 crore migrants for 2 months; entailing spending of Rs 3,500crore
* States as implementing agency to provide 5 kg grains per person and 1 kg chana per family per month
* 'One Nation One Ration Card' to be implemented by March 2021; migrants to access any PDS shop anywhere
* Govt to launch Affordable Rental Housing Complexes for migrant and urban poor under PMAY
* Relief of Rs 1,500 crore through 2% interest subvention for prompt repayment of MUDRA Shishu loan up to Rs 50,000
* Rs 5,000 crore Special Credit Facility for 50 lakh street vendors with initial working capital of Rs 10,000
* Rs 6,000 crore Compensatory Afforestation Management & Planning Authority (CAMPA) fund for job creation

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First Published: May 14 2020 | 7:00 PM IST

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