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| Govt announces eight economic relief measures to support Indian economy in fight against COVID-19 pandemic | Daily Current Affairs Dose |
Dear Aspirants, EducationBro is here with a Daily Current Affairs Dose. In this session, we will make the candidates aware of the daily current affairs topics, which will improve their general awareness, while also taking care that the candidates should not have any shortage of trending current affairs related to any country and abroad. Today’s Current Affairs topic is Govt announces eight economic relief measures to support Indian economy in fight against COVID-19 pandemic.
Our Daily Current Affairs Dose 2021 will help you to crack the General Awareness section of Banking Insurance SSC Railway UPSC and all government jobs exams.
Govt announces eight economic relief measures to support Indian economy in fight against COVID-19 pandemic | Daily Current Affairs Dose
Govt announces eight economic relief measures: Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman announced a slew of measures to provide relief to diverse sectors affected by the 2nd wave of COVID-19 pandemic. The measures announced also aim to prepare the health systems for emergency response and provide impetus for growth and employment.
Govt announces eight economic relief measures: These reliefs were announced by the government in the relief package
- PM Garib Kalyan Anaj Yojana.
- Tourism: Loan to guide and tourism agency
- Focus on children's health will increase ICU ventilators and beds- ambulances.
- Health Infrastructure: 50 thousand crores 60 thousand crores to other sectors
- Agriculture: Additional subsidy.
- Loan up to two crores will be given for oxygen plant.
- Credit guarantee scheme loans up to 1.25 lakh to common man also.
- Self-reliant India employment increased by one year, relief to the employee
A total of 17 measures amounting to Rs. 6,28,993 crore were announced. These included two measures announced earlier, i.e. the additional Subsidy for DAP & P&K fertilizers, and extension of Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) from May to November, 2021.
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The Govt announces eight economic relief measures can be clubbed into 3 broad categories:-
- Economic Relief from Pandemic
- Strengthening Public Health
- Impetus for Growth & Employment
Centre announces eight economic relief measures: Key Highlights
- Rs 1.1 lakh crore loan guarantee scheme for COVID affected sectors
- Additional Rs 1.5 lakh crore for Emergency Credit Line Guarantee Scheme
- Credit Guarantee Scheme to facilitate loans to 25 lakh persons through Micro Finance Institutions (MFIs)
- Financial support to more than 11,000 Registered Tourists/ Guides/ Travel and Tourism Stakeholders
- Free one month Tourist Visa to first 5 lakh tourists
- Extension of Aatma Nirbhar Bharat Rozgar Yojana till 31st March 2022
- Additional subsidy of Rs. 14,775 crore for DAP & P&K fertilizers
- Extension of Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) – Free food grains from May to November, 2021
- Rs. 23,220 crore more for public health with emphasis on children and paediatric care/paediatric beds
- 21 varieties of bio-fortified crop for nutrition, climate resilience and other traits to be dedicated to the nation
- Revival of North Eastern Regional Agricultural Marketing Corporation (NERAMAC) with
- package of Rs 77.45 crore
- Rs. 33,000 crore boost for project exports through National Export Insurance Account (NEIA)
- Rs. 88,000 crore boost to Export Insurance Cover
- Rs. 19,041 crore For Broadband to each Village through BharatNet PPP Model
- Extension of Tenure of PLI Scheme for Large Scale Electronics Manufacturing till 2025-26
- Rs 3.03 lakh crore for Reform-Based Result-Linked Power Distribution Scheme
- New Streamlined Process for PPP Projects and Asset Monetization
Important facts for upcoming exams from the above Current Affairs Topic
- Union Finance Minister of India: Smt. Nirmala Sitharaman
- Union Minister of State for Finance: Anurag Singh Thakur
- How many lakh crore relief package has been announced by the Government of India regarding the second wave of COVID-19 pandemic? = Govt announces Rs. 6,28,993 crore relief package
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