Finance Minister Nirmala Sitharaman on Monday announced relief package of Rs 6,28,993 crore to support Indian economy in fight against COVID-19 pandemic. Prime Minister Narendra Modi has said that the measures announced by the Finance Minister will help to stimulate economic activities, boost production & exports and generate employment. 

He also underlined the measures taken for healthcare, healthcare facilities for children, farmers, small entrepreneurs and self-employed persons. In a series of tweets the Prime Minister said, “Measures announced by FM @nsitharamantoday will enhance public health facilities, especially in under-served areas, boost private investment in medical infrastructure and augment critical human resources. Special focus is on strengthening healthcare facilities for our children”.

“Importance has been given to helping our farmers. Multiple initiatives have been announced which reduce their costs, increase their incomes & support greater resilience and sustainability of agricultural activities” he said.

PM further added, “Further support has been announced for our small entrepreneurs & self-employed persons, to enable them to sustain their business activities but & expand them further. Several initiatives, including financial assistance are being taken to help those linked with tourism.”

The measures will help to stimulate economic activities, boost production & exports and generate employment. Result linked Power Distribution Scheme and streamlined processes for PPP projects and Asset Monetisation demonstrates our Government’s continuing commitment to reforms, PM added.

It is worth adding that The FM announced eight economic relief measures, four of which are new, including one item related specifically to health infrastructure. She also announced eight other items related to growth, trade and employment, in which six are new.