INSUBCONTINENT EXCLUSIVE:
Finance Minister Nirmala Sitharaman has said that liquidity will no longer be a problem soonFinance Minister Nirmala Sitharaman on Monday
said that liquidity will not be a concern for the economy as from October 15 onwards the government will start a major credit outreach
programme.Speaking during an event organised by industry body CII, the Finance Minister said that non banking financial companies (NBFCs) as
well as micro finance channel has been decongested and from October 15 onwards, a special drive would be launched to ensure the availability
exports and is meant for addressing the concerns arising out of the Coronavirus pandemic and the resultant economic crisis
It is likely to be in the form of loan melas which could be held across the entire country.The Reserve Bank of India has already pumped in
system.Speaking on raising funds, Ms Sitharaman said that the government's disinvestment programme was progressing well
Centre plans to raise Rs 1.75 lakh crore through stake sale in various blue chip public sector companies in the current fiscal,.She further
informed that health infrastructure in smaller cities and towns will be ramped up as the vaccination drive has increased.
