Govt's fiscal cost could be less than 11% of total economic package

Not all of this amount will necessarily be borne in fiscal year 2020-21

Out of nearly Rs 21 trillion worth of Atmanirbhar Bharat measures announced by the finance ministry and the Reserve Bank of India, the Centre’s fiscal impact will amount to around Rs 2.28 trillion, or around 10.8 per cent of the total package, Business Standard has learnt from senior government sources.

This will include tax revenue foregone, outlay towards free food distribution and cash handouts, increase in MGNREGA, interest subvention, increase in viability gap funding for social infrastructure, and initial support from the Centre’s coffers to kickstart some of the liquidity and credit measures announced over the past five days.

Not all of