{"id":229511,"date":"2020-05-14T15:53:39","date_gmt":"2020-05-14T10:23:39","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=229511"},"modified":"2020-05-15T11:57:30","modified_gmt":"2020-05-15T06:27:30","slug":"day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/","title":{"rendered":"Breaking [DAY-2] Unfolding of 20 Lakh Crore Package| FM announces second tranche of economic reliefs; One Nation One Ration Card!"},"content":{"rendered":"<p><strong>Background:<\/strong><\/p>\n<p>Amidst the Corona crisis, PM announced\u00a0 a special economic package with a new resolution. This economic package will serve as an important link in the\u00a0<strong>\u2018AtmaNirbhar Bharat Abhiyan\u201d (Self Reliant India Campaign)<\/strong>\u2018.<\/p>\n<h3 style=\"text-align: center;\"><span style=\"color: #ff0000;\"><strong>LIVE UPDATES:<\/strong><\/span><\/h3>\n<ul>\n<li><span style=\"color: #008000;\"><strong>FOCUS:<\/strong> Migrant Workers, Street vendors, Small Farmer, Self Employed, Traders, etc.<\/span><\/li>\n<li><strong><span style=\"color: #ff0000;\">9 Steps will be announced.<\/span><\/strong><\/li>\n<li><strong><span style=\"color: #ff0000;\">14.62 crore person-days of work generated till 13th May 2020<\/span><\/strong><\/li>\n<li>10,000 crore actual expenditure till date<\/li>\n<li>National Floor Wage to be introduced<\/li>\n<li>Re-skilling of workers<\/li>\n<li>Universal minimum wages<\/li>\n<\/ul>\n<h3 style=\"text-align: center;\"><span style=\"color: #0000ff;\"><strong>Reliefs<\/strong><\/span><\/h3>\n<ul>\n<li>Free food grain supply to all migrants for next 2 months [For non-card holders: 5 kgs of wheat or rice or 1 kg of chana]; State Governments to implement, Centre to borne costs<\/li>\n<li>One Nation One Ration card to be implemented within 3 months<\/li>\n<li>Affordable rented accommodation for migrants; Rental Housing Scheme;Migrant Workers \/ Urban Poor to have Affordable Rental Housing Complexes (ARHC): Government will launch a scheme under<\/li>\n<li>Mudra Shishu Loans: <span class=\"css-901oao css-16my406 r-1qd0xha r-ad9z0x r-bcqeeo r-qvutc0\">Government of India will provide Interest subvention of 2% for prompt\u00a0 <\/span><span class=\"r-18u37iz\">MUDRA<\/span><span class=\"css-901oao css-16my406 r-1qd0xha r-ad9z0x r-bcqeeo r-qvutc0\">&#8211; Shishu Loans payees for a period of 12 months; Relief of Rs 1500 cr to MUDRA-Shishu loanees<\/span><\/li>\n<li>Special Credit facility for Street Vendors: Easy access to credit; Rs 5000 cr Special Credit Facility<\/li>\n<li><span style=\"color: #0000ff;\"><strong>Middle Income Group <\/strong><span style=\"color: #000000;\">with upto 6 to 18 lakh income group: <span style=\"color: #0000ff;\"><strong>Credit link subsidy scheme for housing<\/strong><\/span> to be extended till March 2021; 2.5 lakhs middle income families to benefit during 2020-21<\/span><\/span><\/li>\n<li><span style=\"color: #0000ff;\"><span style=\"color: #000000;\"><span class=\"css-901oao css-16my406 r-1qd0xha r-ad9z0x r-bcqeeo r-qvutc0\">To create job opportunities for <\/span><span class=\"r-18u37iz\">Tribals<\/span><span class=\"css-901oao css-16my406 r-1qd0xha r-ad9z0x r-bcqeeo r-qvutc0\"> \/Adivasis-Plans worth Rs 6000 crores to be approved shortly under Compensatory Afforestation Management &amp; Planning Authority (<\/span><span class=\"r-18u37iz\">CAMPA<\/span><span class=\"css-901oao css-16my406 r-1qd0xha r-ad9z0x r-bcqeeo r-qvutc0\">) Funds<\/span><\/span><\/span><\/li>\n<li>Rs 30,000 Crore additional emergency working capital fund through NABARD<\/li>\n<li>Kisan Credit Card: 2 lakh Crore concessional credit for farmers;<span class=\"css-901oao css-16my406 r-1qd0xha r-ad9z0x r-bcqeeo r-qvutc0\"> 2 lakh crore Concessional credit boost to 2.5 crore farmers through <\/span><span class=\"r-18u37iz\">KisanCreditCards<\/span><span class=\"css-901oao css-16my406 r-1qd0xha r-ad9z0x r-bcqeeo r-qvutc0\">; Fishermen and Animal Husbandry farmers will also be included in this drive<\/span><\/li>\n<\/ul>\n<p><strong>Read below the reliefs offered yesterday by the Finance Minister, with the focus being MSMEs:<\/strong><\/p>\n<h3><strong><a href=\"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/13\/finance-minister-may-announce-details-of-rs-20-lakh-crore-relief-announced-by-prime-minister-stay-tuned\/\">LIVE UPDATES<\/a> [14-05-2020]\u00a0<\/strong><\/h3>\n<ul>\n<li><strong>Focal point:<\/strong>\u00a0Liquidity, Labour, Law and Land.<\/li>\n<li>6 Major steps for MSMEs<\/li>\n<li>Collateral free Automatic Loans upto Rs 3 lakh Crores<\/li>\n<li>100 % credit guarantee<\/li>\n<li>Additional Funds for MSME revival<\/li>\n<li>Loans to be given till October 31st<\/li>\n<li>Rupees 20 Crore for stressed MSMEs<\/li>\n<li>50,000 Crore equity to be infused for viable and potential MSMEs<\/li>\n<li><strong>New Definition of MSMEs \u2014 Investment can be upto 1 Cr and turnover upto 5 Crore<\/strong><\/li>\n<li>Global tender to be allowed upto Rs 20 Crores<\/li>\n<li>Other interventions for MSMEs<\/li>\n<li>Rs 2500 crores EPF support for businesses and Workers for 3 months<\/li>\n<li>EPF contribution reduced for Business and Workers for 3 months \u2014 Rs 6750 Crores<\/li>\n<li>Rs 30,000 crores liquidity facility for NBFC\/HCs\/MFIs<\/li>\n<li>Rs 45,000 Crores Partial Credit Guarantee Scheme 2.0 for NBFC<\/li>\n<li>Rs 90,000 CR liquidity injection for DISCOMs<\/li>\n<li>Relief to contractors<\/li>\n<li>Extension of registration and completion date of real estate projects under RERA; No individual applications needed; Suo Moto be done; Registered projects expiring on or after 25th March<\/li>\n<li>Rs 50,000 crores Liquidity through TDS\/TCS reductions till March 2021<\/li>\n<li>Tax filing due date extended to 30th November, 2020<\/li>\n<li>Pending refunds to charitable trusts and non-corporate businesses &amp; professions including proprietorship, partnership, LLP and Co-operatives shall be issued immediately.<\/li>\n<li>Due date of all income tax return for FY2019-20 extended from 31st July, 2020 &amp; 31st October, 2020 to 30th November, 2020 and Tax audit from 30th September, 2020 to 31st October, 2020.<\/li>\n<li>Date of Assessments getting barred on 30th September, 2020 extended to 31st December, 2020 and those getting barred on 31st March, 2021 will be extended to 30th September, 2021.<\/li>\n<li>Period of Vivad se Vishwas Scheme for making payment without additional amount will be extended to 31st December, 2020<\/li>\n<\/ul>\n<div class=\"twitter-share\" style=\"text-align: center;\"><span style=\"color: #ff0000;\"><em>Stay tuned for today&#8217;s briefing!<\/em><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Background: Amidst the Corona crisis, PM announced\u00a0 a special economic package with a new resolution. This economic package will serve as an <\/p>\n","protected":false},"author":8808,"featured_media":229459,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1188,2],"tags":[41362,41365,41321,39924,41323,41361,41364,41363],"class_list":["post-229511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot_off_the_press","category-news","tag-20-lakh-crore-package","tag-affordable-housing","tag-atmanirbhar-bharat-abhiyan","tag-covid-19","tag-economic-package","tag-finance-minister-nirmala-sitharaman","tag-kisan-credit-card","tag-self-reliant-india-campaign"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Breaking [DAY-2] Unfolding of 20 Lakh Crore Package| FM announces second tranche of economic reliefs; One Nation One Ration Card! | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Breaking [DAY-2] Unfolding of 20 Lakh Crore Package| FM announces second tranche of economic reliefs; One Nation One Ration Card!\" \/>\n<meta property=\"og:description\" content=\"Background: Amidst the Corona crisis, PM announced\u00a0 a special economic package with a new resolution. This economic package will serve as an\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-14T10:23:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-15T06:27:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1330\" \/>\n\t<meta property=\"og:image:height\" content=\"887\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bhumika Indulia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bhumika Indulia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/\",\"name\":\"Breaking [DAY-2] Unfolding of 20 Lakh Crore Package| FM announces second tranche of economic reliefs; One Nation One Ration Card! | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg\",\"datePublished\":\"2020-05-14T10:23:39+00:00\",\"dateModified\":\"2020-05-15T06:27:30+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/#primaryimage\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg\",\"width\":1330,\"height\":887},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Breaking [DAY-2] Unfolding of 20 Lakh Crore Package| FM announces second tranche of economic reliefs; One Nation One Ration Card!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a\",\"name\":\"Bhumika Indulia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg\",\"caption\":\"Bhumika Indulia\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/editor_1\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Breaking [DAY-2] Unfolding of 20 Lakh Crore Package| FM announces second tranche of economic reliefs; One Nation One Ration Card! | SCC Times","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/","og_locale":"en_US","og_type":"article","og_title":"Breaking [DAY-2] Unfolding of 20 Lakh Crore Package| FM announces second tranche of economic reliefs; One Nation One Ration Card!","og_description":"Background: Amidst the Corona crisis, PM announced\u00a0 a special economic package with a new resolution. This economic package will serve as an","og_url":"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2020-05-14T10:23:39+00:00","article_modified_time":"2020-05-15T06:27:30+00:00","og_image":[{"width":1330,"height":887,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg","type":"image\/jpeg"}],"author":"Bhumika Indulia","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Bhumika Indulia","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/","url":"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/","name":"Breaking [DAY-2] Unfolding of 20 Lakh Crore Package| FM announces second tranche of economic reliefs; One Nation One Ration Card! | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg","datePublished":"2020-05-14T10:23:39+00:00","dateModified":"2020-05-15T06:27:30+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a"},"breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg","width":1330,"height":887},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/day-2-unfolding-of-20-lakh-crore-package-fm-to-announce-next-set-of-economic-reliefs-shortly-stay-tuned\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Breaking [DAY-2] Unfolding of 20 Lakh Crore Package| FM announces second tranche of economic reliefs; One Nation One Ration Card!"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a","name":"Bhumika Indulia","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg","caption":"Bhumika Indulia"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_1\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":229437,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/13\/finance-minister-may-announce-details-of-rs-20-lakh-crore-relief-announced-by-prime-minister-stay-tuned\/","url_meta":{"origin":229511,"position":0},"title":"BREAKING | Decoding of Rs 20 Lakh Crore Economic Package| New Definition of MSMEs; Tax filing due date extended to 30th November, 2020","author":"Bhumika Indulia","date":"May 13, 2020","format":false,"excerpt":"Background: Amidst the Corona crisis, PM announced\u00a0 a special economic package with a new resolution. This economic package will serve as an important link in the 'AtmaNirbhar Bharat Abhiyan\u201d (Self Reliant India Campaign)'. What the Prime Minister said about the package? In the recent past economic announcements made by the\u2026","rel":"","context":"In &quot;Business News&quot;","block_context":{"text":"Business News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/business_news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":229670,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/16\/live-day-4-unravelling-of-20-lakh-crore-package-fm-to-shortly-crack-the-4th-tranche-of-economic-relief-package-stay-tuned\/","url_meta":{"origin":229511,"position":1},"title":"Breaking | [Day-4] Unravelling of 20 Lakh Crore Package | FM cracks the 4th tranche of economic relief package; Power Distribution Companies in UTs to be Privatised","author":"Bhumika Indulia","date":"May 16, 2020","format":false,"excerpt":"LIVE UPDATES [16-05-2020]: Focal Point: Structural Reforms Reforms 8 Sectors: Coal, Minerals, Defence Production, Airspace Management, MRO, Distribution Companies in UTs, Space Sector, Atomic Energy Coal: Commercial Mining of Coal on a revenue sharing basis; Liberalised Entry for people, Incentives for those who produce before the deadline; 50,000 Crore for\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":229703,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/17\/day-5-20-lakh-crore-economic-package-last-section-of-economic-tranche-to-be-unfurled-by-fm-today-at-11-pm\/","url_meta":{"origin":229511,"position":2},"title":"[Day-5] 20 Lakh Crore Economic Package | FM unfurls last crunch of economic stimulus; Non-Strategic PSUs to be Privatised by GOI; No fresh Insolvency proceedings upto 1 Year [Read Major Breakthroughs]","author":"Bhumika Indulia","date":"May 17, 2020","format":false,"excerpt":"LIVE UPDATES [17th May, 2020]: Focus: MNREGA, Health, education, Business, De-Criminalisation of Co. Act, Ease of Doing Business, State Governments, Public Sector Enterprises. MGNREGA: Additional 40,000 Crore for the scheme Ramping up the health infrastructure: Districts to have Infectious Diseases Blocks; More Testing Labs (Both Pvt. & Public) PM E-Vidya\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":229888,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/20\/union-cabinet-approves-atmanirbhar-bharat-package-for-allocation-of-food-grains-to-the-migrants-stranded-migrants\/","url_meta":{"origin":229511,"position":3},"title":"Union Cabinet approves &#8212; AtmaNirbhar Bharat Package for allocation of food grains to the migrants\/stranded migrants","author":"Bhumika Indulia","date":"May 20, 2020","format":false,"excerpt":"Union Cabinet has given its ex-post facto approval for allocation of food grains from Central Pool to approximately 8 crore migrants \/ stranded migrants @ 5 kg per person per month (May and June, 2020) for two months free of cost.\u00a0 It would entail an estimated food subsidy of about\u2026","rel":"","context":"In &quot;Cabinet Decisions&quot;","block_context":{"text":"Cabinet Decisions","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/cabinet_decisions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/Migrants_Road.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/Migrants_Road.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/Migrants_Road.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/Migrants_Road.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/Migrants_Road.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":229589,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/15\/live-day-3-third-tranche-of-economic-relief-to-be-unfolded-by-finance-minister-stay-tuned\/","url_meta":{"origin":229511,"position":4},"title":"Breaking| [DAY-3] Third Tranche of Economic Relief unfolded by Finance Minister; Govt. to amend Essential Commodities Act to enable better price realisation for farmers","author":"Bhumika Indulia","date":"May 15, 2020","format":false,"excerpt":"Live Updates to Follow Focal Point: Agriculture One lakh Crore for -- Strengthening Farming Infrastructure; Cold Storage, Grain Storage, etc.; Funding Agriculture Infrastructure Projects at farm-gate & aggregate points. Rs 10, 000 Crore for boosting local products for Global sale;Vocal for Local with Global outreach; Formalisation of Micro Food Enterprises\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/05\/ECONOMIC-PACKAGE.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":237356,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/10\/12\/finance-minister-announces-measures-of-rs-73000-crore-to-stimulate-consumer-spending-in-economy-to-fight-slow-down-due-to-covid-19\/","url_meta":{"origin":229511,"position":5},"title":"Finance Minister announces measures of Rs 73,000 crore to stimulate consumer spending in economy to fight slow down due to COVID-19","author":"Bhumika Indulia","date":"October 12, 2020","format":false,"excerpt":"The proposals presented today by the Finance Minister are designed to stimulate spending in a fiscally prudent manner as some of the proposals are for advancing or front-loading of expenditure with offsetting changes later while others are directly linked to increase in GDP. The present announcement by Sitharaman highlights the\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/229511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=229511"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/229511\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/229459"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=229511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=229511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=229511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}