Discover and read the best of Twitter Threads about #20lakhcrorepackage

Most recents (2)

When Modi announced a 14 hour #JantaCurfew, did he expect the whole of #coronavirus in india to die/vanish in 12 hours really? No
When Modi gave a 4 hour notice for nationwide #lockdown on 24th March by allowing elite to settle in their cosy homes, did he feel migrants would not be seen & heard at all? No.
When Modi announced #lockdownindia & invoked Mythology (Mahabharat war of 18 days) to claim that fighting against Coronavirus will take 21 days, did he believe himself? No.
Read 12 tweets
Thread on #FinanceMinister's 2nd PC.
- Focus on migrant workers, street vendors, traders, small farmers
- 9 steps in total: 3 for migrant workers, 1 to sishu loan mudra, 1 for street vendors, 2 for small farmers and some more...
- overlaps with packages will exist.

#20lacCrores
- 3 crore farmers availed loans at concessional rates, with loans aggregating to Rs. 4L cr.
- Interest subvention was extended till Mar & now till 31 May 2020
- 25 lakh new kisan credit cards given to marginal farmers, totaling 25,000 cr of loans

#20LakhCrorePackage #20lakhcrore
- Liquidity support for farmers & rural economy continued in last 2 mths (#COVID19 duration); Banks have lent continuously
- Refinancing of 29,000 cr by NABARD in Mar alone
- RIDF support of 4,200 cr for rural infra
- state govts sanctioned 6700 cr to procure agri produce
Read 8 tweets

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