Special liquidity scheme of Rs.30 thousand crores for NBFC – Finance Minister

New Delhi : Finance Minister Nirmala Sitharaman is giving information related to the economic package of 20 lakh crore through a press conference. Sitharaman started her address stating that PM Modi in his address on Tuesday laid out a comprehensive vision after a “wide and deep consultation with several sections of our society”. Finance Minister Nirmala Sitharaman is telling which sector and which business is getting what.

A special liquidity scheme of Rs 30,000 crore for NBFC has been announced for Micro Finance Companies (NBFC), a banking finance company of Rs 30,000 crore. A special liquidity scheme of Rs 30,000 crore for NBFC has been announced for Micro Finance Companies (NBFC), a banking finance company of Rs 30,000 crore.

Extension of 45 thousand crore’s already running scheme
The 45,000 crore scheme already given to NBFC will be expanded. The loan guarantee scheme will be expanded. In this, NBFCs rated double A or below will also get loan – Finance Minister

Center will give EPF of those under 15 thousand rupees till August
The center will give EPF to those with salary less than 15 thousand rupees till August. The government is contributing in EPF amount of both the employer and the employee. It will cost about Rs 2500 crore – Finance Minister

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