29th October 2020

Confidant Classes

A Premier Judicial Service Coaching

2nd tranche of Economic Package

A day after announcing a set of 15 aid measures linked to MSMEs, NBFC, the real estate sector, etc., Finance Minister Nirmala Sitharaman now announced the second tranche of Rs. 20 lakh crore economy package today under the theme of Self Reliant India (Aatma Nirbhar Abhiyan).

  • Kisan credit cards: Rs 2 lakh crore of concessional credit boost to 2.5 crore farmers, Fishermen and animal husbandry farmers will be included in Kisan credit card scheme,
  • Rs 30,000 crore additional emergency fund through NABARD for farmers,
  •  Rs 6000 crore employment push using CAMPA funds for tribal,
  • For the lower strung of the middle class earning Rs 6-18 lakh annual income, the govt will extend the CLSS scheme for affordable housing till March 2021.
  • Special credit facility of about Rs  500 crore for street vendors. The scheme will be launched within a month. There are 50 lakh street vendors.
  • Rs .1500 crore interest subvention for MUDRA-Sishu loans.
  • Govt. 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.
  • concessional rental housing complexes for migrant workers.
  • 8 crore non-PDS card holders will get 5 kg of grains per person.
  • All occupations should be open for women, with provision for night working rights and adequate safeguards,
  • Ration cards portability to be introduced. ‘One nation, one ration card’ will be implemented within August. Ration cards would be used anywhere in India, Without cards also the workers can get the grains.
  • 8 crore migrant workers will benefit.
  • Free food grain supply to all migrant workers.
  • 12,000 self-help groups (SHGs) have produced more than 3 crore masks and 1.2 lakh litres of sanitizers during #COVID19 period. 7,200 new SHGs for urban poor have been formed during the last two months.
  • Social security measures to be extended to gig workers.
  • Regional disparity in minimum wages to be removed, Minimum wages to be made universally to all workers.
  • States have been advised to give work to labourers under MNREGA.
  • Generated 14.6 crore mandays upto 13th May. The figure is 40-50% more persons enrolled.
  • There has some legitimate concerns around migrant labourers. FM lists out steps taken to support migrants and urban poor during the last 2 months.
  • Interest subvention and prompt repayment incentive on crop loans due from 1st March has been extended to 31st May.
  • Rs  29,500 crore loans refinanced by NABARD.
  • 3 lakh loans have been approved between March and April.

Judiciary FAQ’s Download

WWW.CONFIDANTCLASSES.IN-1Download
Read More

Daily NEWS Summary: 23.10.2020

Shivraj Singh Chouhan is the latest to promise free Covid-19 vaccine Ahead of the 28-seat Assembly by-elections in Madhya Pradesh,…
Read More

Daily NEWS Summary: 22.10.2020

BJP promises free Covid-19 vaccine in Bihar investigation manifesto On Thursday, the BJP released its manifesto for the Assembly elections…
Read More

Daily NEWS Summary: 21.10.2020

Rajasthan could become second state to reject agricultural laws Rajasthan is likely to become the second state ruled by Congress…
Read More

Daily NEWS Summary: 20.10.2020

Punjab adopts its own three agricultural laws The Punjab Legislature today unanimously adopted three bills to repeal the three new…
Read More

Daily NEWS Summary: 19.10.2020

Visitors will not be allowed inside the Durga Puja pandals in West Bengal – Calcutta High Court: Visitors will not…
Read More

Daily NEWS Summary: 18.10.2020

India passed peak of COVID-19, Ministry of Science panel said India passed peak of COVID-19 in September and if current…
Read More

Daily NEWS Summary: 17.10.2020

Take advantage of the experience of holding mass elections to plan the rapid delivery of the vaccine, said the Prime…
Read More

Cinemas reopened

After being closed for nearly seven months, cinemas outside containment zones in various Indian states reopened on October 15. But…
Read More

Amy Coney Barrett used the term “sexual preference”

During her confirmation hearings on Capitol Hill earlier this week, US Supreme Court nominee Amy Coney Barrett sparked considerable outrage…
Read More

Daily NEWS Summary: 16.10.2020

Supreme Court Appoints Former Judge Madan Lokur As One-Man Group To Prevent Stubble-Burning Smog Former Supreme Court Justice Madan B….
Read More
error

Enjoy this? Please spread the word :)