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