Nirmala Sitharaman unveils special economic package: Here are the key points

Union Finance Minister Nirmala Sitharaman Wednesday announced a slew of measures to help businesses, including micro, small and medium enterprises (MSMEs), recover from the economic damage caused by the coronavirus pandemic.

Rs 20,000 crores subordinate debt for stressed MSMEs.

Rs 50,000 cr equity infusion for MSMEs through fund of funds

Rs 3 lakh crores collateral-free automatic loans for businesses, including MSMEs

Global tenders to be disallowed in Government procurement up to Rs 200 crores.

Rs 90,000 crore liquidity injection for Power DISCOMs

Rs 2,500 crore EPF support for Business and workers for 3 more months.

Rs 50,000 crores liquidity through TDS/TCS rate reduction.

Due date of all income-tax return for the financial year 2019-20 to be extended.

MGNREGS support to returning migrants

Afforadable rental housing complexes (ARHC) for migrant workers and urban poor

Rs 50,000 crore special credit facility for street vendors

Rs 30,000 crores additional emergency working capital for farmers through NABARD

Rs 2 lakh crore Concessional credit boost to 2.5 cr farmers through Kissan Credits Cards.