imageCash vouchers, Rs 10k festival advance: Key announcements by FM Sitharaman

Here are the key announcements made by FM Nirmala Sitharaman

Bs_logoImageSukanya Roy New Delhi
Bs_logoFM, Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman addresses a press conference, in New Delhi, Monday, Oct. 12, 2020.

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1 min read Last Updated : Oct 13 2020 | 5:18 PM IST

LTC cash voucher scheme for central government employees and a special festival advance scheme are among a set of measures announced today by the Finance Minister to stimulate economic demand.

Every four years, central government employees get LTC to any destination to their choice plus one to their hometown. Since travel is difficult to undertake during the pandemic, the government will pay the entitled fare as cash vouchers which have to be spent by March 31, 2021.

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Topics :Nirmala SitharamanCoronavirusconsumer spendingLTCGST

First Published: Oct 12 2020 | 2:42 PM IST