As the part of an economic package to mitigate the economic impact of the coronavirus crisis and the nationwide lockdown the government will provide special credit facility to support nearly 50 lakh street vendors, free food grain supply to 8 crore migrants for next 2 months and launch a scheme for affordable rental housing complexes (ARHC) for migrant workers and urban poor to provide ease of living at reasonable rent. Read for more top stories from the world of business and economy:
The government will launch a special scheme within a month to facilitate easy access to credit to street vendors, says FM Sitharaman.
About 8 crore migrants will be provided 5 kg of wheat or rice or 1 kg of chana for next 2 months, says FM Sitharaman.
By August 2020, 67 crore beneficiaries in 23 states, which is 83 per cent of all the PDS population, will get covered by this 'One Nation, One Ration Card', FM Sitharaman said.
Nirmala Sitharaman press conference: The Finance Minister further added that 12,000 SHGs have produced 3 crore masks and 1.20 lakh litres of sanitisers amid the lockdown.
The scheme will be launched under the PMAY by converting government-funded housing in the cities into Affordable Rental Housing Complexes under PPP mode through concessionaire.