New Stimulus Package amid 2nd Covid-19 Wave

On 28th June, 2021, the government announced a host of measures to provide relief to diverse sectors affected by the 2nd wave of COVID-19 pandemic.

  • A total of 17 measures were announced. These included two measures announced earlier, i.e. additional Subsidy for DAP & P&K fertilizers, and extension of Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) from May to November, 2021.

The measures announced can be clubbed into 3 broad categories:-

  • Economic Relief from Pandemic
  • Strengthening Public Health
  • Impetus for Growth & Employment

Economic Relief from Pandemic

Loan Guarantee Scheme for COVID affected Sectors

  • Under this new scheme, additional credit of Rs 1.1 lakh ....
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