FM Nirmala Sitharaman takes stock of schemes under Atmanirbhar Bharat

Finance Minister Nirmala Sitharaman took stock of progress made under schemes of the Aatmanirbhar Bharat Packages to help revive economy hit hard by the outbreak of Covid-19 pandemic.

Partial credit guarantee scheme 2.0 for NBFCs: Public sector banks have approved purchase of portfolio of Rs 27,794 crore as of December 4, 2020, and are currently in process of approval/ negotiations for Rs 1,400 crore. Deadline of the scheme extended till this month-end.