Onkar MehraFM announces new economic package for revival, raises ECLGS scheme limit
On Monday, the Union Finance Minister of India Nirmala Sitharaman announced new economic measures that will help in reviving the Indian economy.
These measures include a ₹1.1 lakh crore credit guarantee scheme for improving health infrastructure, increase in the ECLGS limit by 50% to ₹4.5 lakh crores for the MSME sector facing a cash crunch.
Several other economic measures were announced to support economic growth.
Indian economy started having a V-shaped recovery last year before the second wave of the pandemic appeared in April.
