Finance Minister Nirmala Sitharaman announces new 'economic package', Rahul Gandhi says 'It is not a package..'
Finance Minister Nirmala Sitharaman announces new 'economic package', Rahul Gandhi says 'It is not a package..'
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New Delhi: Finance Minister Nirmala Sitharaman had announced the economic package last Monday. Congress leader Rahul Gandhi has tweeted in view of the situation. In a tweet, he hit out at the Centre and termed the relief package issued by the Centre as a hoax. Let us tell you all that Union Finance Minister Nirmala Sitharaman has announced 8 economic measures to deal with the covid crisis situation.

1.1 lakh crore loan guarantee scheme for corona affected sectors was announced in this economic relief package. It is said that a loan guarantee of Rs 50,000 crore will be given to the health sector while Rs 60,000 crore will be given to other sectors. Now, in view of this, Rahul Gandhi has tweeted. In this tweet, he writes, "No family can not avail FM's 'economic package' on their living and medicine and school fees. Not the package, another cover!". Let us tell you that the Centre has launched the credit guarantee scheme.

Under the scheme, small businesses will be able to avail loans up to Rs 1.25 lakh from individual NBFCs Micro Finance Institute. The loan is said to be 3 years and will be guaranteed by the government. At the same time, about 25 lakh people will be benefited from the scheme. Let us also tell you that the Finance Minister has announced an increase in funding for the Emergency Credit Line Guarantee Scheme to help small industries. At present, the scheme is worth Rs 3 lakh crore, which has been increased to Rs 4.5 lakh crore.

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