Broadband service to jobs scheme: Key decisions taken by union cabinet

Cabinet approves relief measures announced by Finance Minister Nirmala Sitharaman on June 28.

The Union Cabinet on Wednesday approved the relief measures that Finance Minister Nirmala Sitharaman had announced earlier this week. The measures announced by the FM included loan guarantee schemes for businesses and small borrowers, as well as for infrastructure projects in Covid affected sectors, including health infrastructure. 

Below are some of the key announcements from the Cabinet briefing today. 

Loan guarantee scheme for Covid-affected sectors

The scheme will enable funding to the tune of Rs 50,000 crore for to provide financial guarantee cover for brownfield expansion and greenfield projects related to health/ medical infrastructure.

The Cabinet has also approved the