Nirmala Sitharaman Press Conference Updates: Govt introduces One Nation One Ration Card

Yesterday FM unveiled the first set of measures which covered MSMEs

On Wednesday, Sitharaman unveiled the first set of measures which covered micro, small and medium enterprises, non-banking finance companies, power distribution companies, real estate and sops under direct tax and provident fund contribution.

FM Nirmala Sitharaman's Press Conference begins

Today's initiatives focuses on migrant workers, says FM

Today's initiatives focuses on migrant workers, street vendors, small traders, the self-employed & small farmers: FM Nirmala Sitharaman

Modi government's work towards farmers is appreciable: Anurag Thakur

Anurag Singh Thakur, MoS, Ministry of Finance hails Modi government's work towards farmers.

Today's initiatives focus on migrant workers, street vendors, small traders and farmers. Nine steps to be announced, says FM. Over 3 crore marginal farmers availed loans, which were worth over Rs 4 lakh crore, says the FM.

Direct Support to Farmers & Rural Economy provided post COVID19 as part of AatmaNirbhar Bharat Package: Finance Minister

Interest subvention and prompt repayment incentive on crop loans due from 1st March has been extended to May 31: FM

Interest subvention and prompt repayment incentive on crop loans due from 1st March has been extended to 31st May: FM Nirmala Sitharaman

GoI has allowed state governments to use disaster response fund to arrange food and shelter for the migrant workers

GoI has allowed state government to use disaster response fund to arrange food and shelter for the migrant workers. Rs 11,000 crore has been sent in that fund - FM Sitharaman

Rs 6,700 crore has been awarded as working capital to state agencies

Rs 6,700 crore has been awarded as working capital to state agencies for procuring agriculture produce - FM Sitharaman

Govt has permitted state govts to utilise SDRF for setting up shelter for migrants & providing them food, water etc: FM

Liquidity Support to farmers & rural Economy provided post COVID-19 as part of Aatma Nirbhar Bharat Package: Finance Minister

Aatma NirbharBharat Package provides support for Migrants & Urban Poor:

Migrant workers going back to their states being actively enrolled: FM Nirmala Sitharaman

We have already generated 14.62 crore person-days of work till 13th May, which is 40-50% more persons enrolled as compared to last May. Migrant workers going back to their states being actively enrolled: FM Nirmala Sitharaman

Interest subvention and prompt repayment incentive on crop loans due from 1st March has been extended to 31st May: FM Nirmala Sitharaman

12,000 SHGs have produced more than 3 crore masks and 1.2 lakh litres of sanitizers: FM

12,000 self-help groups (SHGs) have produced more than 3 crore masks and 1.2 lakh litres of sanitizers during COVID-19 period. 7,200 new SHGs for urban poor have been formed during the last two months, says FM Nirmala Sitharaman

14.62 crore man days of work has been increased, which is actually 40-50% more men enrolled

'Government Committed to the welfare of Workers': FM

Extending EPF support for business and organised workers for another 3 months for salary months: FM

Extending EPF support for business and organised workers for another 3 months for salary months of June, July and August 2020 - will provide liquidity for workers in MSME and other Businesses, say Finance Minister

Free food grains supply to all migrants in the next two months, including non-card holders, says FM

FM Sitharaman has announced free food grains supply to all migrants in the next two months. For non-card holders, they shall be given 5 kg wheat or rice or 1 kg pulse per family. Rs 3,500 crore will be spent on this in the next two months

One Nation One Ration Card will be implemented: FM

One Nation One Ration Card will be implemented- 67 crore beneficiaries in 23 states covering 83% of PDS population will be covered by national portability by August 2020, says FM Sitharaman

Govt to launch a scheme for affordable rental housing for migrant workers: FM

Government to launch a scheme for affordable rental housing for migrant workers/urban poor to provide ease of living by converting govt funded housing in cities into Affordable Rental Housing Complexes (ARHC) under PPP mode through concessionaire, says FM Nirmala Sitharaman.

Government of India will provide Interest subvention of 2% for prompt MUDRA-Shishu Loans payees for a period of 12 months

Initial working capital of Rs 10,000 will be given to each street vendor

FM Sitharaman announced that street vendors will get special credit facility of Rs 5,000 crore. Within a month, the government will launch the scheme for 50 lakh street vendors. Initial working capital of Rs 10,000 will be given to each street vendor.

Govt to extend the Credit Linked Subsidy Scheme (CLSS) for middle income group: FM

Government to extend the Credit Linked Subsidy Scheme (CLSS) for middle income group (annual income Rs 6-18 lakhs) up to March 2021; 2.5 lakh middle income families to benefit during 2020-21, says FM Nirmala Sitharaman

NABARD to extend additional re-finance support of Rs 30,000 crores for crop loan requirement: FM

NABARD to extend additional re-finance support of Rs 30,000 crores for crop loan requirement of Rural Co-op banks and RRBs, says FM Nirmala Sitharaman

To create job opportunities for tribals /adivasis -plans worth Rs 6000 crores to be approved shortly: FM

To create job opportunities for tribals /adivasis -plans worth Rs 6000 crores to be approved shortly under Compensatory Afforestation Management & Planning Authority (CAMPA) Funds, says FM

Rs 2 lakh crore concessional credit boost to 2.5 crore farmers through Kisan Credit Cards: FM Nirmala Sitharaman

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