Finance Minister Nirmala Sitharaman addressing the press conference on May 13, outlined the first tranche of the contours of India’s massive Rs 20 lakh crore fiscal stimulus announced by Prime Minister Narendra Modi.
This package is aimed at all sections of the society such as middle class, farmers, SMEs, laborers, and industries and it is themed under ‘self-reliant India’. On Wednesday, the Finance minister announced a facility of Rs 3 lakh crores collateral-free automatic loans for business, including micro, small and medium enterprises (MSMEs), among other decisions.
Most importantly Sitharaman explained that Banks are not shying away from giving loans but the people themselves say that they will avail loans after the completion of the lockdown period and hence the sanctioned loans are not being distributed.
Key Points:
Amidst the enthusiastic cheers of Malla Reddy Engineering College students, the second single of hero…
"Kalki 2898 AD" is creating quite a buzz as the most awaited visual spectacle of…
This friday another four new movies hit theaters yesterday. These included Telugu films like "Aa…
It is known that the Election Commission had already ordered political parties to refrain from…
Vijay Deverakonda is celebrating his 35th birthday on the 9th of May and there is…
It is known that the teaser of Hari Hara Veera Mallu was unveiled by the…