Finance Minister @nsitharaman will address a press conference today

Catch LIVE updates in English and Marathi, from 12.30 PM onwards, on @PIBMumbai

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LIVE now: Finance Minister @nsitharaman addresses press conference at PIB Delhi

Finance Minister @nsitharaman says she is going to announce the next steps in the series of stimulus measures announced by the government
A strong #COVID19 recovery scene is emerging, active cases have declined from 10 lakh to 4.89 lakh, fatality rate has come down to 1.47% - Finance Minister @nsitharaman
Finance Minister @nsitharaman outlines various economic indicators which show the presence of a strong pitch for recovery in the economy
Improvements recorded in Composite PMI, energy consumption, bank credit, GST collections, market capitalization, FDI

@RBI predicts a strong likelihood of return to positive growth in Q3 of 2020-'21

Various unrelenting systemic reforms have helped in this

- FM @nsitharaman
.@MoodysInvSvc has reassessed India's 2020 GDP growth at -8.9% (as against -9.6% earlier)

For 2021, they have revised estimate to 8.6% (from 8.1% earlier)

This shows that a positive correction is happening as regards our economic prospects

- Finance Minister @nsitharaman
28 states have been brought under #OneNationOneRationCard scheme, 68.6 crore beneficiaries can hence lift food grains from any of these 28 states/UTs

Around 14 lakh loans have been sanctioned under #PMSVANidhi scheme for street vendors

- @nsitharaman
Credit boost has been given to 2.5 crore farmers through Kisan Credit Cards, ₹ 1.4 lakh crore has been distributed to farmers

- FM @nsitharaman, explaining progress of schemes under #AatmaNirbharBharat Package
Pradhan Mantri Matsya Sampada Yojana proposals from 21 states, worth nearly ₹ 1,700 crore has been sanctioned

- Finance Minister @nsitharaman
Happy to say that ₹ 25,000 crore has been distributed to help farmers prepare for Rabi sowing, this is over and above the budget allocation

- Finance Minister @nsitharaman

LIVE ow:
Under Emergency Credit Liquidity Guarantee Scheme, a total amount of ₹ 2.05 lakh crore has been sanctioned to 61 lakh borrowers, out of which ₹ 1.52 lakh crore has been disbursed

- Finance Minister @nsitharaman
Under Partial Credit Guarantee Scheme, Public Sector Banks have bought portfolios worth nearly ₹ 27,000 crore

To infuse liquidity into discoms, loans worth ₹ 1.18 lakh crore has been sanctioned, loans worth more than ₹ 31,000 crore disbursed

- Finance Minister @nsitharaman
Utsav Cards being issued by @TheOfficialSBI for festival advance

Many employees availing LTC Voucher Scheme

Many steps being taken by @MORTHIndia and @DefenceMinIndia for utilizing ₹ 25,000 crore capital expenditure

- Finance Minister on progress of #AatmaNirbharBharat 2.0
11 states have been sanctioned interest-free loans worth ₹ 3,621 crore for capital expenditure

This amount is exclusive of what Bihar proposes to do

₹ 1.32 lakh crore has been given to nearly 39.7 lakh taxpayers as Income Tax refunds without any delay

- FM @nsitharaman
There are 12 announcements being made by Finance Minister @nsitharaman today, as part of #AatmaNirbharBharat 3.0
1️⃣ New scheme #AatmaNirbharBharatRozgarYojana being launched to incentivize job creation during #COVID19 recovery

EPFO registered establishments - if they take in new employees or those who lost jobs earlier - these employees will get some benefits

Effective from Oct 1, 2020
1️⃣

Here are the criteria for EPFO registered establishments to be eligible for benefits under #AatmaNirbharBharatRozgarYojana

If new employees of requisite number are recruited from Oct 1, 2020 to June 30, 2021, the establishments will be covered for next two years
1️⃣

Central govt. will give subsidy by way of EPF contributions for two years in respect of new eligible employees

Subsidy will be credited upfront in Aadhaar-seeded EPFO accounts

- Finance Minister explains benefits of #AatmaNirbharBharatRozgarYojana
More than 95% of all establishments and 65% of all employees in formal sector are estimated to be covered in first category, wherein EPF contributions will be given by govt. by way of subsidy support

- Finance Minister @nsitharaman

2️⃣

Emergency Credit Line Guarantee Scheme for MSMEs, businesses, MUDRA borrowers and individuals (loans for business purposes), has been extended till March 31, 2021

- announces Finance Minister @nsitharaman
2️⃣

We are launching credit guarantee support scheme for health care sector and 26 sectors stressed due to #COVID19, says FM

Entities will get additional credit up to 20% of outstanding credit, repayment can be done in five years' time (1 year moratorium + 4 years repayment)
3️⃣ Production Linked Incentive worth ₹ 1.46 lakh crore is being offered to 10 champion sectors, this will help boost competitiveness of domestic manufacturing

Will give a big boost to economy, investment, exports and job creation

- Finance Minister @nsitharaman
3️⃣

Here are the 10 champion sectors for which the government is launching Production Linked Incentive Scheme

A total amount of nearly 1.5 lakh crore has been earmarked across sectors, for next five years

4️⃣

Finance Minister announces additional outlay of ₹ 18,000 crore for @PMAYUrban

Will help ground 12 lakh houses and complete 18 lakh houses

Will create additional 78 lakh jobs and improve production and sale of steel and cement, resulting in multiplier effect on economy
5️⃣

To provide ease of doing business and relief to contractors whose money otherwise remains locked up, performance security on contracts will be reduced to 3%

EMD for tenders will be replaced by bid security self-declaration

Relaxations till December 31, 2021

- @nsitharaman
6️⃣

Differential between circle rate and agreement value in real estate income tax is being increased from 10% to 20%

From today till June 30, 2021, for primary sale of residential units up to ₹ 2 crore

The income tax relief provides incentive to middle class to buy homes: FM
7️⃣

Govt. will make ₹ 6,000 crore equity investment in debt platform of National Investment and Infrastructure Fund, which will help NIIF raise ₹ 1.1 lakh crore by 2025 for financing infrastructure projects

- Finance Minister @nsitharaman
8️⃣
₹ 65,000 crore fertilizer subsidy will be provided to farmers

Fertilizer consumption is going up significantly, increased supply of fertilizers will ensure that forthcoming crop seasons will not be affected for want of adequate fertilizers

- Finance Minister @nsitharaman
9️⃣

Additional outlay of ₹ 10,000 crore is being provided for #PMGaribKalyanRozgarYojana, announces Finance Minister @nsitharaman

Funds can be used for MGNREGA or for Gram Sadak Yojana, will help accelerate rural economy
1️⃣0️⃣

₹ 3,000 crore boost to be given for project exports through assistance given by India to developing countries under IDEAS Scheme

This will help EXIM Bank facilitate these Line of Credit development assistance activities and promote exports from India

- FM @nsitharaman
1️⃣1️⃣

₹ 10,200 crore additional budget stimulus will be provided for capital and industrial expenditure on defence equipment, industrial infrastructure and green energy

#AatmaNirbharBharat 3.0
1️⃣2️⃣

₹ 900 crore is being provided to @DBTIndia for research activities related to #COVID19 vaccine development

This does not include cost of vaccine or logistics for vaccine distribution (whatever is required for that will be provided)

- @nsitharaman

#AatmaNirbharBharat 3.0
So, here goes - the size of the stimulus being provided by the government, as part of the 12 announcements made today under #AatmaNirbharBharat 3.0, amounts to ₹ 2.65 lakh crore

- informs Finance Minister @nsitharaman
And here is a summary of the stimulus measures announced by the Government of India till date, in the wake of the #COVID19 pandemic

The total stimulus by Govt. and @RBI works out to ₹ 29.87 lakh crore - 15% of national GDP as stimulus takeaway

- Finance Minister @nsitharaman
The Production Linked Incentive Scheme will run for the medium term, it has immediate impact on decision-making

This, along with the major milestone decision of reducing corporate tax, has rushed in a lot of investment into the country

- Finance Minister @nsitharaman

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More from @PIBMumbai

12 Nov
केंद्रीय अर्थमंत्री @nsitharaman यांची पत्रकार परिषद

⏲️: दुपारी 12.30 वाजता

थेट पहा :
अर्थमंत्री @nsitharaman यांनी सांगितलं की केंद्र सरकारने केलेल्या आणखी काही प्रोत्साहनपर उपाययोजनांची त्या घोषणा करणार आहेत.

@FinMinIndia
#COVID19 चा संसर्ग कमी होत असून, बरे झालेल्या रुग्णांची संख्या वाढते आहे. सक्रिय रुग्णांची संख्या 10 लाखांवरुन 4.89 लाखांपर्यंत कमी झाली आहे. मृत्युदर देखील 1.47% पर्यंत कमी झाला आहे. - अर्थमंत्री @nsitharaman

@MoHFW_INDIA @FinMinIndia

Read 21 tweets
11 Nov
#Cabinet Briefing by Union Minister @PrakashJavdekar, today at ⏰ 3PM

@MIB_India @PIB_India @airnews_mumbai @DDSahyadri

#CabinetDecisions
Watch Live :

#CabinetDecision to provide production-linked incentive to 10 #manufacturing sectors

Will lead to increase in manufacturing, exports & income

Will help in creating #AatmaNirbharBharat

Will make Indian manufacturers globally competitive

- Union Minister @PrakashJavdekar
This historical decision will make India a manufacturing hub

Aim is to promote PPP in social & economic infrastructure leading to efficient creation of assets, ensuring operation & maintenance, make economically/socially essential projects commercially viable
- @PrakashJavdekar
Read 12 tweets
10 Nov
#Maharashtra #COVID19 Updates for today
*⃣New Cases - 3,791
*⃣Recoveries - 10,769
*⃣Deaths - 46
*⃣Active Cases - 92,461
*⃣Total Cases till date -17,26,926
*⃣Total Recoveries till date -15,88,091
*⃣Total Deaths till date -45,435
@ddsahyadrinews

@airnews_mumbai

(1/4)🧵
#Maharashtra #COVID19 Updates for today

As on today, there are 92,461 #ActiveCases in the state.

Details of district-wise active cases are as follows:

(2/4)🧵
#Maharashtra #COVID19 Updates for today

3,791 new cases have been reported in the state today

The state tally of #Covid_19 positive patients is now 17,26,926

District-wise details of cases and deaths until today are as follows:
(3/4)🧵
Read 4 tweets
10 Nov
#IndiaFightsCorona

Press briefing on actions taken, preparedness and updates on #COVID19, today at ⏰4:30 PM

Join Live:

@MIB_India @PIB_India @airnews_mumbai @DDSahyadri @MoHFW_INDIA @drharshvardhan
India's #COVID19 recoveries cross 79 lakhs; highest in the world

More than 11.96 #COVID crore tests conducted ; more than 11 Lakh tests conducted daily during last week

Daily positivity rate during last week, 4.2%

- Secretary, @MoHFW_INDIA
Live Now: Image
#IndiaFightsCorona

New #COVID19 cases/million population reported in last 7 days - 235; new cases reported across the world is 482

New #COVID deaths/million population reported in last 7 days ; world average is 7

- Secretary, @MoHFW_INDIA
Live Now: ImageImageImageImage
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10 Nov
देशातील #Coronavirus 🦠 परिस्थितीवर 📺 मीडिया ब्रीफिंग

National Media Centre नवी दिल्ली येथे

⏰ : 4:00 PM

#Unite2FightCorona #COVID19

लाइव पाहा @PIB_India च्या युट्यूब चॅनेल वर
देशातील #Coronavirus 🦠 परिस्थितीवर 📺 मीडिया ब्रीफिंग

लाईव्ह पहा

⏰ : 4:30 PM पासून

#Unite2FightCorona #COVID19

आजपर्यंत 79 लाख जण बरे झाले

रुग्ण बरे होण्याची साप्ताहिक सरासरी 51,476

आज वर 11.96 कोटी चाचण्या करण्यात आल्या

#COVID19 वर मीडिया ब्रीफिंग लाइव पाहा Image
Read 13 tweets
10 Nov
केंद्रीय मंत्री @DrRPNishank यांच्या हस्ते #NEP2020 वरील @iitbombay च्या राष्ट्रीय शिक्षण दिन कार्यक्रम आणि कार्यशाळेचे उदघाटन

थेट पहा : facebook.com/DrRPNishank

#NEP

@EduMinOfIndia @SanjayDhotreMP Image
📡थेट पहा

केंद्रीय मंत्री @DrRPNishank यांच्या हस्ते #NEP2020 वरील राष्ट्रीय शिक्षण दिन कार्यक्रम आणि कार्यशाळेचे उदघाटन

@SanjayDhotreMP @EduMinOfIndia @PIB_India @MIB_India @iitbombay

pscp.tv/w/cnjNTzFlV0t5…
#NationalEducationDay

#NEP2020 मध्ये संशोधन कार्यक्रमांसाठी सर्वंकष दृष्टीकोन ठेवण्यात आला आहे.

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