Finance Ministry in a statement says it would immediately begin implementing a slew of Budget proposals targeted at providing relief to public sector workers, Small and Medium Enterprises (SMEs), youth, dairy farmers and students.
- Preferential 3% and 7% housing loans for public sector
- Solar power loans at 4% interest for public sector and SMEs
- $ 100 m worth of working capital loans for COVID-hit SMEs
- Rs. 500,000 for young entrepreneurs at 4% interest
- Up to Rs. 10 m for public workers to invest in mid-range apartments
- Extension of ‘Agrahara’ insurance scheme (With inputs from FT)
