Lok Sabha Question No. 26 (UNSTARRED), answered on 2021-07-19
Subject: Review of Stimulus Package
Ministry: FINANCE
Asked by: Adoor Prakash

- 26:  ADV. ADOOR PRAKASH:

Will the Minister of FINANCE be pleased to state:

- a) whether the Government has reviewed the stimulus package announced last year for revival of the economy after lockdown;
- b) if so, the details thereof along with the benefit to each sector of the economy; and
- c) the details of sector wise financial assistance announced and actual assistance provided so far?

## ANSWER MINISTER OF STATE (FINANCE) (SHRI PANKAJ CHAUDHARY)

(a) to (c):   Yes, Sir. The review of the progress made in implementation of the stimulus package announced under  AatmaNirbhar  Bharat  Packages  is  done  regularly.      The  packages  comprise  of  schemes  for  various sectors  of  the  economy  and  also  schemes  having  impact  across  sectors.  AatmaNirbhar  Bharat  Packages comprise of various long term schemes/programs to boost the economy whose outcomes would be visible over a period of time.  A Statement indicating measures announced under the package is at Annexure-I.

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## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF ECONOMIC AFFAIRS

## LOK SABHA UNSTARRED QUESTION NO. 26

TO BE ANSWERED ON MONDAY, JULY 19, 2021 / ASHADHA 28, 1943 (SAKA)

## 'REVIEW OF STIMULUS PACKAGE'

## Statement referred to in reply to parts (a) to (c) of LSUSQ No.26 for answer on 19.07.2021

| A.      | Announcements made on 13.05.2020                                                                                                                                                               |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 1.      | Rs. 3 lakh crore Emergency Working Capital Facility for Businesses, including MSMEs                                                                                                            |
| 2.      | Rs. 20,000 crore Subordinate Debt for Stressed MSMEs                                                                                                                                           |
| 3.      | Rs. 50,000 crore equity infusion through MSMEFund of Funds                                                                                                                                     |
| 4.      | New Definition of MSME and other Measures for MSME                                                                                                                                             |
| 5.      | No Global tenders for Government tenders of upto Rs.200 crore.                                                                                                                                 |
| 6.      | Extending the Employees Provident Fund Support for business and organised workers for another 3 months for salary months of June, July and August 2020                                         |
| 7.      | EPF Contribution to be reduced for Employers and Employees for 3 months to 10% from 12% for all establishments covered by EPFO for next 3 months                                               |
| 8.      | Rs. 30,000 crore Special Liquidity Scheme for NBFC/HFC/MFIs                                                                                                                                    |
| 9.      | Rs. 45,000 crore Partial credit guarantee Scheme 2.0 for Liabilities of NBFCs/MFIs                                                                                                             |
| 10.     | Rs. 90,000 crore Liquidity Injection for DISCOMs                                                                                                                                               |
| 11.     | Relief to Contractors given by extension of up to six months for completion of contractual obligations, including in respect of EPC and concession agreements                                  |
| 12.     | Relief to Real Estate Projects the registration and completion date for all registered projects will be extended up to six months.                                                             |
| 13.     | Tax relief to business as pending income tax refunds to charitable trusts and non-corporate businesses and professions to be issued immediately                                                |
| 14.     | Reduction in Rates of 'Tax Deduction at Source' and 'Tax Collected at Source' by 25% for the remaining period of FY 20-21                                                                      |
| 15.     | Due Dates for various tax related compliances extended                                                                                                                                         |
| B.      | Announcements made on 14.05.2020                                                                                                                                                               |
| 16.     | Free food grains supply to Migrants for 2 months.                                                                                                                                              |
| 17.     | Technology system to be used enabling Migrants to access PDS(Ration) from any Fair Price Shops in India by March,2021-One Nation one Ration Card                                               |
| 18.     | Scheme for Affordable Rental Housing Complexes for Migrant Workers and Urban Poor to be launched                                                                                               |
| 19. 20. | 2% Interest Subvention for 12 months for Shishu MUDRA loanees- Relief of Rs. 1500 crore                                                                                                        |
| 21.     | Rs. 5000 crore Credit facility for Street Vendors. Rs.70,000 crore boost to housing sector and middle income group through extension of Credit Linked Subsidy Scheme for MIG under PMAY(Urban) |
| 22.     | Rs. 6,000 crore for Creating employment using CAMPA funds                                                                                                                                      |
| 23. 24. | Rs. 30,000 crore Additional Emergency Working Capital for farmers through NABARD Rs. 2 lakh crore concessional credit boost to 2.5 crore farmers under Kisan Credit Card Scheme                |
| C.      | Announcements made on 15.05.2020                                                                                                                                                               |
| 26.     | Rs. 10,000 crore scheme for formalisation of Micro Food Enterprises (MFE) Rs. 20,000 crore for Fishermen through Pradhan Mantri Matsya Sampada Yojana (PMMSY)                                  |
| 27.     |                                                                                                                                                                                                |
| 28.     | National Animal Disease Control Programme                                                                                                                                                      |
| 29.     | Setting up of Animal Husbandry Infrastructure Development Fund - Rs. 15,000 crore                                                                                                              |
| 30.     | Promotion of Herbal Cultivation : outlay of Rs. 4,000 crore Beekeeping initiatives -Rs. 500 crore                                                                                              |
| 31.     | From 'TOP' to TOTAL- - Rs. 500 crore                                                                                                                                                           |
| 32.     | [Operation Greens Scheme TOP to TOTAL provides 50% subsidy on transport and storage of notified fruits and vegetables if prices of such fruits or vegetables are below the trigger price.      |
| 33.     | Measures for Governance and Administrative Reforms for Agriculture Sector i. Amendments to Essential Commodities Act to enable better price realisation for farmers                            |
| D.      | ii. Agriculture Marketing Reforms to provide marketing choices to farmers iii. Agriculture Produce Price and Quality Assurance                                                                 |
|         | Commercial Mining introduced in Coal Sector                                                                                                                                                    |
| 34.     | Announcements made on 16.05.2020                                                                                                                                                               |
| 35.     | Diversified Opportunities in Coal Sector Liberalised Regime in Coal Sector                                                                                                                     |
| 36.     | Private Investments and Policy                                                                                                                                                                 |
| 37.     | Enhancing Reforms in Mineral                                                                                                                                                                   |
| 38.     | Sector Enhancing Self Reliance in Defence Production                                                                                                                                           |

| 39.   | Policy Reforms in Defence Production                                                                                                                                                                                                                                                                                                                                                                                 |
|-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 40.   | Efficient Airspace Management for Civil Aviation                                                                                                                                                                                                                                                                                                                                                                     |
| 41.   | More World-Class Airports through PPP                                                                                                                                                                                                                                                                                                                                                                                |
| 42.   | India to become a global hub for Aircraft Maintenance, Repair                                                                                                                                                                                                                                                                                                                                                        |
| 43.   | and Overhaul (MRO) Tariff Policy Reform in Power Sector; Privatization of Distribution in UTs                                                                                                                                                                                                                                                                                                                        |
| 44.   | Boosting private sector investment through revamped Viability Gap Funding Scheme in Social Sector                                                                                                                                                                                                                                                                                                                    |
| 45.   | Boosting private participation in space activities                                                                                                                                                                                                                                                                                                                                                                   |
| 46.   | Reforms in Atomic Energy Sector                                                                                                                                                                                                                                                                                                                                                                                      |
| E.    | Announcements made on 17.05.2020                                                                                                                                                                                                                                                                                                                                                                                     |
| 47.   | Rs. 40,000 crore increase in allocation for MGNREGS to provide employment boost                                                                                                                                                                                                                                                                                                                                      |
| 48.   | Increased investments in Public Health and other health reforms to prepare India for future pandemics                                                                                                                                                                                                                                                                                                                |
| 49.   | Technology Driven Education with Equity post-COVID                                                                                                                                                                                                                                                                                                                                                                   |
| 50.   | Further enhancement of Ease of Doing Business through IBC related measures                                                                                                                                                                                                                                                                                                                                           |
| 51.   | Decriminalisation of Companies Act defaults                                                                                                                                                                                                                                                                                                                                                                          |
| 52.   | Ease of Doing Business for Corporates                                                                                                                                                                                                                                                                                                                                                                                |
| 53.   | Public Sector Enterprise Policy for a New, Self-reliant India                                                                                                                                                                                                                                                                                                                                                        |
| 54.   | Increase borrowing limits of States from 3% to 5% for 2020-21 only &promoting State level reforms                                                                                                                                                                                                                                                                                                                    |
| F.    | Announcements made on 12 th October 2020                                                                                                                                                                                                                                                                                                                                                                             |
| 55.   | LTC Cash Voucher Scheme- cash payment to employees in lieu of one LTC during 2018-21, (full payment on Leave encashment and tax-free payment of LTC fare)                                                                                                                                                                                                                                                            |
| 56.   | Special Festival Advance Scheme- interest-free advance of Rs. 10,000, in the form of a prepaid RuPay Card, to be spent by March 31, 2021.                                                                                                                                                                                                                                                                            |
| 57.   | Capital Expenditure Boost for States- A special interest-free 50-year loan to states for ₹ 12,000 crore capital expenditure  ₹ 200 crore each for 8 North East states                                                                                                                                                                                                                                               |
| 58.   |  ₹ 7,500 crore for remaining states, as per share of Finance Commission's devolution Capital Expenditure Boost for the Centre-Additional budget of ₹ 25,000 crore (in addition to ₹ 4.13 lakh crore given in Budget 2020-'21) provided for capital expenditure on roads, defence, water supply, urban development and domestically produced capital equipment.                                                      |
| G.    | Announcements made on 12 th November 2020                                                                                                                                                                                                                                                                                                                                                                            |
| 59.   | Aatma Nirbhar Bharat Rozgar Yojana- to incentivize job creation during COVID-19 recovery. If EPFO- registered establishments take in new employees without EPFO numbers or those who lost jobs earlier, the Yojana will benefit these employees.                                                                                                                                                                     |
| 60.   | Emergency Credit Line Guarantee Scheme for MSMEs, businesses, MUDRA borrowers and individuals (loans for business purposes), extended till March 31, 2021. Credit guarantee support scheme launched for Healthcare sector and 26 sectors stressed due to COVID-19. Entities will get additional credit up to 20% of outstanding credit; repayment can be done in five years (1 year moratorium + 4 years repayment). |
| 61.   | Production Linked Incentive worth ₹ 1.46 Lakh Crore offered to 10 champion sectors.                                                                                                                                                                                                                                                                                                                                  |
| 62.   | ₹ 18,000 Crore Additional outlay for PMAwaas Yojana - Urban                                                                                                                                                                                                                                                                                                                                                          |
| 63.   | Support for Construction & Infrastructure - Relaxation of Earnest Deposit Money & Performance Security on Government Tenders                                                                                                                                                                                                                                                                                         |
| 65.   | Platform for Infra Debt Financing Support for Agriculture: ₹ 65,000 Crore for subsidized fertilizers                                                                                                                                                                                                                                                                                                                 |
| 67.   | Boost for Rural Employment: Additional outlay of ₹ 10,000 Crore is being provided for PM Garib Kalyan Rozgar Yojana. Funds can be used for MGNREGA or for Gram Sadak Yojana, this will help accelerate rural                                                                                                                                                                                                         |
| 66.   |                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 68.   | economy . Boost for Project Exports ₹ 3,000 Crore boost to be given for project exports through assistance given by India to developing countries under Indian Development and Economic Assistance Scheme (IDEAS Scheme). This will help EXIM Bank facilitate these Line of Credit development assistance activities and promote exports from India.                                                                 |
| 69.   | Capital and Industrial Stimulus ₹ 10,200 Crore additional budget stimulus will be provided for capital and industrial expenditure on defence equipment, industrial infrastructure and green energy.                                                                                                                                                                                                                  |
|       | R&D grant for COVID Vaccine; ₹ 900 Crore is being provided to Department of Biotechnology for research activities related to COVID-19 vaccine development. This does not include cost of vaccine or logistics for                                                                                                                                                                                                    |
| 70.   | vaccine distribution (whatever is required for that will be provided)                                                                                                                                                                                                                                                                                                                                                |