FM Nirmala Sitharaman announced Rs 20 lakh crore package in five tranches: Here’s the Break-up


Team Udayavani, May 18, 2020, 12:43 PM IST

Union finance minister Nirmala Sitharaman announced the last tranche of measures of the government’s atmanirbhar (self-reliant) campaign on Sunday

At the end of the speech, the minister provided a tranche-wise complete break-up of the stimulus. Importantly, the overall package which stood at Rs 20,97,053 crore, included the Rs 1.92 lakh crore stimulus from measures announced by Modi recently such as the Pradhan Matri Garib Kalyan Package worth Rs 1.7 lakh crore.

Here’s a break-up of the five tranches of the Atmanirbhar Bharat package:

Overall stimulus provided by Atmanirbhar Bharat package:

Serial No.   Item Rs. Cr
1 Part 1 5,94,550
2 Part 2 3,10,000
3 Part 3 1,50,000
4 Part 4 and 5 48,100
                      Sub-Total 11,02,650
5 Earlier measures including PMGKP  1,92,800
6 RBI measures (Actual) 8,01,603
                                        Sub-Total 9,94,403
 GRAND TOTAL 20,97,053

Stimulus provided in tranche 1 of economic package:

Serial No.   Item Rs. Cr
1 Emergency W/C Facility for Businesses, incl MSMEs 3,00,000
2 Subordinate Debt for Stressed MSMEs 20,000
3 Fund for Funds for MSMEs 50,000
4 EPF Support for Business & Workers 2,800
5 Reduction in EPF rates 6,750
6 Special liquidity Scheme for NBFC/HFC/MFIs 30,000
7 Partial Credit Guarantee Scheme for 2.0 for Liabilities of NBFCs/MFIs 45,000
8 Liquidity Injection for DISCOMs 90,000
9 Reduction in TDS/TCS rates 50,000
 Total 5,94,550

Stimulus provided in tranche 2 of economic package:

Serial No.   Item Rs. Cr
1 Free Food Grain Supply to Migrant Workers for 2 Months 3,500
2 Interest Subvention of Mudra Shishu Loans 1,500
3 Special Credit Facility to Street Vendors 5,000
4 Housing CLSS-MIG 70,000
5 Additional Emergency Working Capital through NABARD 30,000
6 Additional Credit Through KCC 2,00,000
Total 3,10,000

Stimulus provided in tranche 3 of economic package:

Serial No.   Item Rs. Cr
1 Food Micro Enterprises 10,000
2 Pradhan Mantri Matsya Sampada Yojana 20,000
3 TOP to TOTAL: Operation Greens 500
4 Agri Infrastructure Fund 1,00,000
5 Animal Husbandry Infrastructure Development Fund 15,000
6 Promotion of Herbal Cultivation 4,000
7 Beekeeping Initiative 500
 Total 1,50,000

Stimulus provided in tranche 4 and 5 of economic package:

Serial No.   Item Rs. Cr
1 Viability Gap Funding 8,100
2 Additional MGNREGA Allocation 40,000
Total 48,100

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