March 6, 2021

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Atma Nirbhar Bharat Abhiyan COVID-19 Financial Bundle Breakup Value Rs 20,97,053 Crore

Government, RBI Stimulus Measures Amount To Rs 20.97 Lakh Crore: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman detailed the breakup of the financial bundle

Finance Minister Nirmala Sitharaman on Sunday gave an in depth breakup of the “Atma Nirbhar Bharat Abhiyan” financial bundle, introduced by Prime Minister Narendra Modi on Tuesday. Ms Sitharaman defined the small print of the stimulus after asserting the fifth and remaining tranche of measures. The stimulus measures introduced in by the federal government and the Reserve Financial institution of India (RBI) collectively add as much as Rs 20.97 lakh crore, Finance Minister Nirmala Sitharaman stated. The measures come because the nation braces for the fourth part of the weeks-long lockdown to curb the unfold of the coronavirus (COVID-19) disaster, which has pushed an already-ailing economic system right into a standstill, hampered companies and landed hundreds jobless. 

Right here is the breakup of the “Atma Nirbhar Bharat” bulletins made in 5 tranches, and the financial and financial measures introduced earlier: 

First Tranche: Rs 5,94,550 crore

Second Tranche: Rs 3,10,000 crore

Third Tranche: Rs 1,50,000 crore

Fourth and Fifth Tranche: Rs 48,100 crore

Measures introduced by the federal government earlier, together with the PM Garib Kalyan scheme: Rs 1,92,800 crore

RBI measures: Rs 8,01,603 crore

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