PM Narendra Modi Announces Rs 20 Lakh Crore Special Economy Package

Pm Modi has recently announced Rs 20 Lac Cr. Package to boost the economy which is 10% of the GDP of our country.

Out of which 1.7 Lac cr. Package for food grains to poor & cash to poor women & elderly which is already announced in march

As well as 6.5 lac cr. to RBI for Banking Measures & Interest Rate cut.
From where the money comes from??
Lockdown from 2 months put a total loss of 4 lakh Cr. under pressure
unlikely the government may achieve the disinvestment target of Rs 2.1 lakh Cr.

The package of PM Modi will focus on land labour, Liquidity & Laws
It will cater various sections including cottage industry, MSME's, Labourers, middle class & industries
*MSMEs are worst hit by this pandemic
Government will focus on self-reliant India campaign
for which the trade ministry is proposing a tax holiday for companies bringing new investment as the government explore's measures to support the economy amid the corona virus pandemic

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