AatmanirbharBharat

A summary of measures announced.

• 3 lakh crores Collateral free Automatic Loans for businesses including MSMEs
• 20,000 crore Subordinate Debt for stressed MSMEs
• 50,000 crore equity infusion through MSME Fund of Funds
• Definition of MSMEs revised, necessary changes in law to be done
• Global tender disallowed for Government procurement upto 200 crores
• 2,500 crores EPF support for Businesses and Workers for 3 more months
• 6,750 crore infusion by reduction of EPF contribution for businesses and workers for 3 months
• 30,000 crores Liquidity Facility for NBFC/HCs/MFIs
• 45,000 cr Partial Credit Guarantee Scheme 2.0 for NBFC
• 90,000 cr Liquidity Injection for DISCOMS
• Up to 6 months extension to construction and goods and services contractors
• Advisory to States/UTs to extend Registration and Completion Date of real estate projects under RERA
• 50,000 cr liquidity through TDS/TCS reductions
• Due date of income tax return for FY 2019-20 extended from 31st July 2020 and 31st October, 2020 to 30th November, 2020
• Period of Vivad se Vishwas Scheme to be extended to 31st December, 2020
  

#AatmanirbharBharat

Source: pibindia