Economic Stimulus-I

Recently, the Union Finance Minister announced liquidity measures for businesses, especially Micro, Small and Medium enterprises (MSMEs), as part of the first tranche of Atmanirbhar Bharat Abhiyan.

•The announced measures also form a part of the Rs. 20-lakh-crore economic stimulus package to deal with the Covid-19 pandemic.
•This economic stimulus includes both liquidity financing measures and credit guarantees.