Kool_SRG Posted May 14, 2020 Author Report Posted May 14, 2020 Affordable rental housing scheme for migrant labours announced Finance Minister Nirmala Sitharaman said that government will convert government housing complexes lying vacant to be rented out to migrants on concessional rates. PPP model will also be used to achieve this under the PM Awas Yojna. Quote
Kool_SRG Posted May 14, 2020 Author Report Posted May 14, 2020 Rs 1,500 Crore Interest Subvention for MUDRA Shishu Loans Announcing relief for micro units who had taken Mudra Shishu Loans, the government said it will provide interest subvention of 2 percent for prompt payees for a period of 12 months. Quote
Kool_SRG Posted May 14, 2020 Author Report Posted May 14, 2020 Rs 5,000 Crore Special Credit Facility for Street vendors The Centre has announced a special credit facility of Rs 5,000 crores for 50 lakh vendors. Finance Minister Nirmala Sitharaman said that the scheme will be launched within a month. An initial working capital of up to Rs 10,000 will also be provided. Quote
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