{"id":11881,"date":"2020-05-13T17:46:44","date_gmt":"2020-05-13T12:16:44","guid":{"rendered":"http:\/\/udaen.info\/?p=11881"},"modified":"2020-05-13T17:46:44","modified_gmt":"2020-05-13T12:16:44","slug":"economic-package-announced-by-pm-will-enhance-growth-build-a-very-self-reliant-india-nirmala-sitharaman","status":"publish","type":"post","link":"https:\/\/udaen.info\/?p=11881","title":{"rendered":"Economic package announced by PM will enhance growth &#038; build a very self -reliant India: Nirmala Sitharaman"},"content":{"rendered":"<h2>Economic package announced by PM will enhance growth &amp; build a very self -reliant India: Nirmala Sitharaman<\/h2>\n<div class=\"news-details-img\"><img decoding=\"async\" class=\"img-responsive img-right\" src=\"http:\/\/newsonair.com\/writereaddata\/News_Pictures\/NAT\/2020\/May\/NPIC-202051317253.jpg\" \/>PIB<\/div>\n<p>Finance Minister Nirmala Sitharaman today said that the economic package \u00a0of 20 lakh crore rupees announced by the Prime Minister will enhance growth and build a very self -reliant India- Atmanirbhar Bharat. Addressing media in New Delhi this evening, Ms Sitharaman said, this whole initiative is called Atmanirbhar Bharat Abhiyan. She said, Mr Modi in his address to the nation yesterday \u00a0had outlined his vision for a self reliant India and exhorted the \u00a0Indians to become vocal for our local products. The Finance Minister said, this vision was laid out after wide consultations with several sections of the society.<\/p>\n<p>She said, the focus will be on the factors of production, labour, land, liquidity and law. She said, it will improve ease of doing business. Ms Sitharaman said, the intention is to build and take local brands to a global level. She said, Self-reliant India does not mean cutting off from rest of the world.<\/p>\n<p>Giving details about the package, Ms Sitharaman announced \u00a03 lakh crore rupees Collateral-free Automatic Loans for Businesses, including MSMEs. She said, to provide stressed MSMEs with equity support, Government will facilitate provision of 20 thousand crore rupees as subordinate debt.<\/p>\n<p>She \u00a0also said that \u00a050 thousand crore rupees equity infusion for MSMEs through Fund of Funds will be operated through a Mother Fund and few daughter funds. She said, \u00a0this will help to expand MSME size as well as capacity. The Finance Minister also said that definition of MSMEs has<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Economic package announced by PM will enhance growth &amp; build a very self -reliant India: Nirmala Sitharaman PIB Finance Minister Nirmala Sitharaman today said that the economic package \u00a0of 20 lakh crore rupees announced by the Prime Minister will enhance growth and build a very self -reliant India- Atmanirbhar Bharat. Addressing media in New Delhi [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[1],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/11881"}],"collection":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11881"}],"version-history":[{"count":1,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/11881\/revisions"}],"predecessor-version":[{"id":11882,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/11881\/revisions\/11882"}],"wp:attachment":[{"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}