INSUBCONTINENT EXCLUSIVE:
The Union Cabinet on Wednesday approved the Rs 6.29 lakh crore stimulus for pandemic-hit sectorsTwo days after Finance Minister Nirmala
Sitharaman announced the Rs 6.29 lakh crore relief package for Coronavirus pandemic affected sectors, the Union Cabinet on Wednesday gave
its approval for it.Information and Broadcasting Minister Prakash Javadekar informed media persons after the cabinet meeting that the
Government has approved the entire package which consists of free food grains supply to the poor which has been extended till November 2021
of the stimulus package is the Government's guarantee to banks for loans to be given to various sectors which have been affected by the
This includes provision of an additional Rs 1.5 lakh crore for emergency credit line guarantee scheme.The Government's plan to pay the
employer and employee's share to provident fund for all new hirings done till March 2022
For this purpose, the Centre has given Rs 902 crore for around 22 lakh beneficiaries.The stimulus package cleared by the Cabinet also
consists of financial support to the tourism sector, especially to 11,000 registered tourist guides and other stakeholders associated with
the industry.Another component of the entire package is the additional Rs 19,041 crore announced by the Centre to provide broadband
connectivity to all inhabited gram panchayats.Extension by one year of a production-linked incentive scheme for large scale electronics
