Highlights: FM aims to help migrant workers, Congress says not enough done
Finance Minister Nirmala Sitharaman announced free food grains for 8 crore migrants for 2 months. Stay tuned with Business Standard for FM press conference live updates
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The government on Thursday announced a Rs 3.16 lakh crore package of free foodgrains for migrant workers.
FM press conference LIVE: Finance Minister Nirmala Sitharaman announced a second set of measures that are part of a Rs 20 trillion fiscal and monetary package announced by Prime Minister Narendra Modi to support India’s economy, which has been battered by a 51-day lockdown to curb the coronavirus outbreak.
Sitharaman on Wednesday announced measures of nearly Rs 5.94 trillion to provide relief to small businesses; taxpayers; shadow banks; power distribution companies; real estate; organised sector employees; and contractors working with the government.
8:02 PM
All we got was loan schemes and no relief: Yechury
7:49 PM
These steps will strengthen people in rural areas: Agriculture Minister
The announcements by Finance Minister Nirmala Sitharaman today for labourers, farmers & the poor are historic & unprecedented. These steps will strengthen people in rural areas who will contribute to make India self-reliant: Union Agriculture Minister Narendra Singh Tomar
7:42 PM
The indignity with which PM talked about MNREGA, the same MNREGA is a life saver: Cong
7:33 PM
Podcast: All 9 Steps FM Nirmala Sitharaman announced in second tranche
Listen to the podcast to know about all the nine measures Finance Minister announced today. Click to Listen
7:24 PM
Announcements will especially benefit our farmers and migrant workers: Modi
7:07 PM
It was classic display of arrogance, ignorance, insensitivity: Congress
7:05 PM
Free food grain for migrant workers, easy farm credit in stimulus round 2
The government on Thursday announced a Rs 3.16 lakh crore package of free foodgrains for migrant workers, concessional credit to farmers and working capital loan for street vendors as part of the second tranche of fiscal stimulus to heal an economy hit hard by coronavirus lockdown. At a news conference, Finance Minister Nirmala Sitharaman said 8 crore migrant workers will get 5 kgs of grains and 1 kg of pulses free for two months, while 50 lakh street vendors rendered jobless by the lockdown would be given a working capital loan of Rs 10,000 each. Read More
Migrant children quench their thirst during their journey towards their native place in Uttar Pradesh, amid ongoing COVID-19 lockdown, in Ghaziabad
7:00 PM
Sudden lockdown with no relief: Yechury
6:53 PM
Amit Shah thanks PM Modi for the announcements
6:42 PM
What do you feel when you see all the migrants on the street? Congress asks PM
Topics : Nirmala Sitharaman Coronavirus Lockdown Narendra Modi Indian Economy Anurag Thakur Economic stimulus
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First Published: May 14 2020 | 3:30 PM IST