Here is the full text of finance minister Nirmala Sitharaman’s announcements during the press-meet Nirmala Sitharaman on Wednesday released the details of the ₹20 trillion stimulus packages to restore the health of Indian economy hit by Covid-19 pandemic.
Sitharaman said banks will provide Rs3 trillion as automatic collateral-free loans to standard MSMEs. She said the government will also provide credit guarantee to banks and non-banking finance companies for both principal and interest till 31 October under the scheme. Here is the full text of finance minister Nirmala Sitharaman’s announcements during the press-meet Union Minister of Finance and Corporate Affairs Smt.