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The second tranche of stimulus for the country’s economy presented by the government on Thursday has a series of progressive measures and will help migrant workers and farmers, Prime Minister Narendra Modi said.
Finance Minister Nirmala Sitharaman announced on Thursday a 3.16 lakh crore package of raw grains of free food for migrant workers, concessional credit to farmers and working capital loans for street vendors as part of the second tranche of fiscal stimulus to heal an economy affected by the coronavirus. forced closure.
“Today’s announcements by FM Nirmala Sitharaman will especially benefit our farmers and migrant workers,” the prime minister tweeted.
The announcements, Modi noted, include a series of “progressive measures and will increase food security, credit to farmers as well as to street vendors.”
On Tuesday Prime Minister Modi had introduced massive new financial incentives in addition to the previously announced packages for a combined stimulus of Rs 20 lakh crore.
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