3000000000000 Crores of collateral free loan for MSMEs with 12 months moratorium and 48 months loan tenure.
This is huge, will save jobs massively and help MSMEs rebuild their operations.
#AtmaNirbharBharatAbhiyaan
200000000000 Crores for stressed MSMEs for immediate liquidity infusion which will help 400000 lakhs MSMEs.
#AtmaNirbharBharatAbhiyan
500000000000 Crores Fund of Funds, equity infusion for potential MSMEs who are likely to grow with this support.
#AtmaNirbharBharatAbhiyan
Manufacturing & Servicing MSMEs will now be defined together, no differentiation.
Also, MSME definition getting changed upwards.
Ease of regulation.
#AtmaNirbharBharatAbhiyan
For government procurement up-to 2000000000 Crores, global tenders will be discontinued.
Local MSMEs will get to benefit from this massively.
#AtmaNirbharBharatAbhiyan
Government will extend EPF support for another 3 months.
Statutory contribution reduced from 12% to 10%.
This will create additional liquidity in the hands of employees.
#AtmaNirbharBharatAbhiyan
300000000000 equity support to buy debt papers from NBFCs - HFIs - MFIs struggling for funds and fully guaranteed by government of India.
#AtmaNirbharBharatAbhiyan
Partial credit guarantee scheme expanded and support of 450000000000 crores to NBFCs- MFIs will be provided by government.
#AtmaNirbharBharatAbhiyan
One time emergency liquidity injection of 900000000000 crores to DisComs, which are cash stressed currently due to unavailability of funds, will be guaranteed by state governments.
#AtmaNirbharBharatAbhiyan
All contractors will be given a six months extension for Railways, Roads etc including PPP contracts.
Government agencies can release security guarantees partially.
#AtmaNirbharBharatAbhiyan
Urban Development Ministry shall issue advisory to states so that they initiate necessary changes to treat COVID19 as an act of God, therefore extending completion/ registration date by six months.
#AtmaNirbharBharatAbhiyan
TDS & TCS rates shall be reduced by 25% from current levels for this financial year, up-to 31-03-21.
This will release additional 500000000000 crores liquidity in the hands of people.
#AtmaNirbharBharatAbhiyan
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