17 May,2020 09:13 AM IST | New Delhi | ANI
Union Finance Minister Nirmala Sitharaman addresses the fourth part of her press conference on the economic stimulus package announced by Prime Minister Narendra Modi, at the National Media Centre. Pic/ PTI
The last tranche of economic package announcement by Union Finance Minister Nirmala Sitharaman will be held on Sunday. Sitharaman will announce the last tranche of Rs 20 lakh crore stimulus package at 11 am today. The Finance Minister on Saturday said that the central government will introduce competition, transparency and private sector participation in the coal sector and will do infrastructure development of Rs 50,000 crore.
Earlier on Friday, Sitharaman announced Rs 1 lakh crore Agri Infrastructure Fund for farm gate infrastructure for farmers and Rs 10,000 crore scheme for the formalisation of Micro Food Enterprises (MFEs) under the Rs 20 lakh crore stimulus package. She also proposed amendments to the Essential Commodities Act to enable better price realisation for farmers and said no stock limit should apply to processors or value chain participants.
On Thursday, the Finance Minister announced the 'One Nation One Ration Card', free food grain supply to migrants and creation of affordable rental housing complexes (ARHC) in urban areas for migrant workers and poor under the COVID-19 stimulus package.
The announcements came after the Prime Minister on Tuesday announced the economic package for the country to become 'self-reliant' and deal with COVID-19 crisis.
ALSO READ
Rupee falls 3 paise to close at 83.69 against US dollar post Union Budget 2024
No friction between Centre-states on GST, federal structure should be respected: Nirmala Sitharaman
Indian women leading 18 pc of 111 unicorns in India: FM Nirmala Sitharaman
Govt needs money to meet challenges, fund R&D, says Sitharaman
Former finmin official writes to FM seeking probe into Hindenburg report
Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates.
Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever
