NEW DELHI: The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday cleared some key proposals of the government’s ₹20 trillion economic package for the poor and businesses hit by the novel coronavirus pandemic.

The proposals cleared include the ₹3 trillion emergency credit guarantee, backing loans made by banks and non-bank lenders to micro, small and medium enterprises (MSMEs), a ₹10,000 crore scheme to support micro food processing units, a ₹20,050 crore fisheries development scheme and a ₹3,109 crore scheme for giving food grain to migrants, said separate official statements.

The Cabinet also cleared a new special liquidity scheme for non-bank and housing finance companies which is also part of the stimulus package.

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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