ey points from FM's Covid19 Relief Package.



Collateral  Free Loan for MSMEs for 4 years with 10 months moratorium; no processing fees-Guaranteed by Government to  Banks - 3 lac crores.

NBFC. HFC, MFs - Special liquidity Scheme - Fully guaranteed by Government - 30000 crores


PF of establishments with less than 100 employees and Employees with Gross Salary up to Rs.15000 per month - Employer and Employee PF paid by Central Government.

Govt for June, July, and August

All private establishments Employer and Employee PF contribution only 10% for June, July, August.

Board Meetings, AGMs, can be done through digital media.



TDS/TCS cut by 25% up to March 2021- More money in the hands of  Cash or equivalent recipients.

Tax returns and payments for F.Y.2019-20  extended up to Nov 30,,2020.


Farmers - 25 lakh Kisan credit cards with credit of Rs.25000.

Migrants- Two months of free food supply including non-ration cardholders.

Technology - National Portability of Ration Cards to be completed for the country by March 2021-" One Nation, One Ration".

Middle class - Employees with annual income between 6 lacs and 18 lacs - Credit linked subsidy for interest on Housing loans up to March 2021 .

Education - One Digital channel exclusive for each class 1 to class 12 and online textbooks through e-pathshala.

May 19, 2020

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