FM Sitharaman announces tranche-wise break up of Rs 20 lakh crore economic package


New Delhi: Union Finance Minister Nirmala Sitharaman on Sunday (May 17) supplied a tranche-wise break up of the Rs 20 lakh crore economic package introduced by Prime Minister Narendra Modi to spice up the financial system in view of the coronavirus disaster. Here is the abstract of all of the bulletins to date, totaling over Rs 20 lakh crores: 

Earlier measures: Rs 1,92,000 crore

Tranche 1: Rs 5,94,550 crore
Tranche 2: Rs 3,10,000 crore
Tranche 3: Rs 1,50,000 crore
Tranche 4+5: Rs 48,100 crore
Total: 20,97,053 crore

Tranche 1: Rs 5,94,550 crore

Emergency working capital facility for companies: Rs 3 lakh crore
Subordinate debt for careworn MSMEs: Rs 20,000 crore
Fund of fund for MSMEs: Rs 50,000 crore
EPF assist for companies and staff: Rs 2,800 crore
Reduction in EPF charges: Rs 6,750 crore
Special liquidity scheme for NBFCs, HFCs & MGIS: Rs 30,000 crore
Partial credit score assure scheme 2.zero for liabilities of NBFCs and MFIs: Rs 45,000 crore
DISCOMS: Rs 90,000 crore
discount in TDS/TCS charges: Rs 50,000 crore

Tranche 2: Rs 3,10,000 crore

Free meals grain provide for migrant staff for two months: Rs 3,500 crore
Interest subvention for MUDRA Shishu loans: Rs 1,500 crore
Special credit score facility for avenue distributors: Rs 5,000 crore
Housing CLSS-MIG: Rs 70,000 crore
Additional emergency WCF via NABARD: Rs 30,000 crore
Additional credit score via Kisan Credit Credit: Rs 2 lakh crore

Tranche 3: Rs 1,50,000 crore

Micro meals enterprises (MFEs): Rs 10,000 crore
PM Matsya Sampada Yojana: Rs 20,000 crore
TOP to TOTAL: Rs 500 crore
Agri infra fund: Rs 1 lakh crore
Animal husbandry infra improvement fund: Rs 15,000 crore
Promotion of natural cultivation: Rs 4,000 crore
Beekeeping initiative: Rs 500 crore

Tranche 4+5: Rs 48,100 crore

RBI measures: Rs 8,01,603 crore
Revenue misplaced resulting from tax concessions introduced since March 22: Rs 7,800 crore
PM Garib Kalyan Package: Rs 1,70,000 crore

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