• Five pillars of Nation – Economy, Infrastructure, Technology, Demography, Demand
  • Special Economic Package of INR 20 Lakhs Crores , 10% of India’s GDP
  • Focus for ANB package is Land, Labour, Liquidity and Law
  • Aims to promote Local Products –Be Vocal and Buy Local
  • Main focus of Second package is on Migrant Labours and Farmers.


Measures taken in following Sectors

Free Food grain Supply

Free food supply for migrants who are neither covered under  National Food Security Act, 2013 (NFSA) or State Card beneficiaries in the state they are stationed. They will be provided 5 kg of grains ( wheat or rice) per person and 1 kg Chana per family per month for two months. About 8 crores migrants are expected to benefit from the scheme. INR 3500 Crore will be spent for  the next 2 months by the Government of India.

ONE Nation ONE Ration Card

Government to use technology system to  facilitate migrants to use public distribution system (PDS) i.e ration from any fair price shop in India irrespective of the state in which it was issued. Under this National portability scheme 67 crore beneficiaries amounting to 83% of total PDS population will be benefited by August,2020. Government targets to  complete the project 100% by March 2021.

Affordable Rental Housing Complex (ARHC)

Government will launch a scheme under PM AWAS Yojana for migrant labour/urban poor to provide ease of living at affordable rent by: Converting government funded housing in the cities into ARHC under PPP mode through concessionaire: Incentivising manufacturing units, industries, institutions, associations to develop ARHC on their private land and operate: Incentivising Central / State Government Agencies to develop ARHC and operate. Ministry will issue detailed guidelines for these.

Additional Emergency Working Capital Funding

NABARD will extend additional refinance support of Rs. 30,000 crore for crop loan requirement of Rural Co-op Banks & RRBs. This is over and above INR 90,000 crore to be provided by NABARD through the normal refinance route during this year. Front-loaded on-tap facility to 33 State Co-operative banks, 351 District Co-operative banks and 43 RRBs available on tap based on their lending. This will benefit around 3 crore farmers mostly small and marginal farmers.

Concessional Credit

Government will undertake special drive to provide Concessional credit to PM-KISAN beneficiaries through Kisan Credit Cards. Fishermen and Animal Husbandry farmers will also be included in this drive. This will enable such farmers to gain access to institutional credit at concessional interest rate. Around 2.5 crore farmers will be covered and will benefit from credit flow of about INR 2 Lakh Crores.

Direct Support

Interest Subvention and Prompt Repayment Incentive on crop loans, due from 1st March, extended upto 31st May,2020. 25 Lakh new Kishan Credit Cards sanctioned with a loan limit of INR 25,000 Cr.

Credit Linked Subsidy Scheme (CLSS)

Government to extend the CLSS – for affordable houses – up to March 2021 This is a scheme for middle income group who earns annual income  of about INR 6 lakh to INR 18 lakh.This scheme was earlier extended until 31st March 2020 and has now been further extended up to March 2021. 3.3 Lakh family benefited till now, more 2.5 lakh family will be benefited due to extension. This scheme will spur the demand for construction material and create new jobs. It is expected that this scheme will result in investment of Rs 70,000 Crores in the Housing Sector.

Interest Subvention on Shishu Loans

The GoI has announced a provision of Rs. 1500 crores towards Interest Subvention for MUDRA-Shishu Loans. A loan of Maximum Rs. 50,000 is given as Shishu Loans under MUDRA scheme §RBI has already granted loan moratorium of 3 months under its recent COVID reforms. Prompt payees can now enjoy interest subvention of 2% for next 12 month. The current portfolio of MUDRA-Shishu loans is Rs 1.62 Lakh crore


The GoI will shortly approve INR 6,000 Crores worth Plan under Compensatory Afforestation Management & Planning Authority (CAMPA). These will be used by State Governments for: Afforestation & plantation works, including in urban areas Artificial regeneration. assisted natural regeneration Forest management, soil & moisture conservation works
Forest protection, forest and wildlife related infrastructure development, wildlife protection and management etc. This will create job opportunities in urban, semi-urban and rural areas, as well as for Tribal and Adivasis


The SHGs have been boosting the employment opportunities to the Urban Poor .During the lockdown period, 12,000 SHGs have produced 3 crore masks and 1.20 lakh liters of sanitizers. 7,200 new SHGs of urban poor have been formed during the period starting 15th March. 2020. The disbursal of Revolving Fund (RF) to SHGs was on-boarded on PAISA Portal in April 2020 on a pilot basis in Gujarat and is now being rolled out across all the States in May 2020,

Special Credit Facility

Special Credit facility to Street Vendors from Central Government of Rs. 5,000 Crores were announced. The Facility is to provide easy access of credit to street vendors  with main object to scale up the business post lockdown. The scheme will be launch within a month by the central government to provide initial working capital Loan upto Rs 10,000 per vendor. This propose scheme will provide benefit to approx 50 lakhs vendors in the country. The scheme includes prize money or may get more than Rs. 10,000 later if vendors repays loan amount through mobile payment or digital payment.

The main focus of second tranche of COVID-19 stimulus package was on Small & Marginal Farmers along with Migrant labours.

• Migrant Labour can have a sigh of relief as this announcement ensures that they are provided with Free Food grain supply and affordable shelter.

• These initiatives will facilitate farmers in enhancing their liquidity through co-operative bank architecture. It will result in adoption of market transactions for input, farm mechanisation and sale of produce, thereby, ensuring a higher share of income for the farmers.

• Government’s proposal to introduce public-private partnership for providing rental housing for urban poor is bold and innovative measure, which will help meet the objective of ‘Housing for All’ by 2022.




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