₹2 crore for six months through to the end of August, but warned this will impact “pressing commitments" such as fighting the coronavirus pandemi.The announcement, made in an affidavit to the Supreme Court, was welcomed by retailers and small businesses that have been the hardest hit by the pandemic.
But it came twinned with a warning.Bearing the cost of paying interest on interest, it told the court, would “naturally have an impact on several other pressing commitments being faced by the nation, including meeting direct costs associated with pandemic management, addressing basic needs of the common man and mitigating the common man's problems arising out of loss of livelihood."It also said it did not waive the interest charged on all.