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Subsidy to farmers with no Kisan Credit Card, salaried class' affordable housing

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NEW DELHI: The government on Thursday announced a series of steps to provide credit and relief to farmers, street vendors, migrants and the middle income salaried class to alleviate their suffering arising out of covid.

The biggest relief -- a Rs2 trillion credit scheme -- will cover 25 million farmers not possessing Kisan Credit Cards. It will also cover fishermen and farmers engaged in animal husbandry.

The government has extended the credit-linked subsidy scheme till March 2021 to help the middle income group buy affordable housing, besides benefit real estate companies present in the segment.

It is likely to benefit those earning ₹6 lakh to ₹18 lakh. The scheme, first operationalized in May 2017, has so far benefited 3.3 lakh

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