FM Nirmala Sitharaman to announce 4th tranche of measures related to Rs 20 lakh crore Atmanirbhar Bharat package

New Delhi: Finance Minister Nirmala Sitharaman will tackle a press convention at four pm at National Media centre on Saturday to announce the fourth tranche of the Atmanirbhar Bharat Abhiyan financial package of Rs 20 lakh crore. The fourth tranche will seemingly concentrate on the center class and small merchants and retailers.

On Friday (May 15) Sitharaman introduced the third tranche of measures related to Atmanirbhar Bharat. The third tranche was targeted on 11 measures. 8 of them related to infrastructure, agriculture and allied actions and the remaining three pertained to governance and administrative reforms.

Rs 1 lakh crore was supplied for funding Agriculture Infrastructure Projects at farm-gate & aggregation factors
in a step to strenghten infrastructure in agriculture, financing facility of India. New scheme of curiosity subvention of 2 p.c for dairy was additionally introduced.

FM in her addresss to media on Friday additionally mentioned, “”Aiming to implement PM’s imaginative and prescient of ‘Vocal for Local with Global outreach’, a scheme can be launched to assist 2 lakh Micro Food Enterprises; Improved well being and security requirements, integration with retail markets and improved incomes to be key focus areas.””

The Finance Ministry alloted Rs 10,000 crores scheme for formalisation of Micro Food Enterprises (MFEs) and Rs 500 crore for operations inexperienced provide chain subsidy for perishable commodities.

On Thursday (May 14) Sitharaman introduced the second tranche of measures related to Atmanirbhar Bharat. The FM 2nd tranche of package laid concentrate on migrant staff, avenue distributors, small merchants, small farmers.

In the primary tranche of measures introduced on May 13 the FM gave particulars of 15 new and a few enhanced measures to revive companies. She introduced a number of fiscal and regulatory measures for MSMEs, Real Estate, NBFCs, EPF, and Discoms.





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