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

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

To sum up all of the measures introduced thus far, right here is the Stimulus supplied by bulletins within the 1st tranche (1/5)#AatmaNirbharApnaBharatpic.twitter.com/2fJVyZpZ5d

— PIB India #StayHome #StaySafe (@PIB_India) Might 17, 2020

Second Tranche: Rs 3,10,000 crore

Stimulus supplied by bulletins in Half-2, which totalled to Rs 3.1 lakh crores(2/5)#AatmaNirbharApnaBharatpic.twitter.com/jKs2pVpAjE

— PIB India #StayHome #StaySafe (@PIB_India) Might 17, 2020

Third Tranche: Rs 1,50,000 crore

Stimulus below Half-Three which included incentives for Meals Micro Enterprises totalled Rs 1.5 lakh crore(3/5)#AatmaNirbharApnaBharatpic.twitter.com/fMrjjzmk4k

— PIB India #StayHome #StaySafe (@PIB_India) Might 17, 2020

Fourth and Fifth Tranche: Rs 48,100 crore

Bulletins in 4th and fifth tranche complete Rs 48,100 crores (4/5)#AatmaNirbharApnaBharatpic.twitter.com/WJiz1aTTyj

— PIB India #StayHome #StaySafe (@PIB_India) Might 17, 2020

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

Right here is the abstract of all of the bulletins thus far, totalling over Rs 20 lakh crores (5/5)#AatmaNirbharApnaBharatpic.twitter.com/i2HVhYabj2

— PIB India #StayHome #StaySafe (@PIB_India) Might 17, 2020