In a tweet, he said these initiatives will help create jobs, alleviate the stressed sectors, ensure liquidity, boost manufacturing, energise the real estate sector and support farmers.
Today’s Aatmanirbhar Bharat Package continues our efforts to help all sections of society. These initiatives will h… https://t.co/JlGUxyOTDO
— Narendra Modi (@narendramodi) 1605192848000
Finance minister Nirmala Sitharaman announced tax relief on select home sale deals, enhanced the credit guarantee programme for small businesses and provided incentives for new job creation as the government widened stimulus measures to boost the economy.
The measures that also include an additional fertiliser subsidy and the already announced production-linked incentive scheme for manufacturing units, totalled Rs 2.65 lakh crore, taking the cumulative stimulus package announced since the coronavirus-triggered lockdown to almost Rs 30 lakh crore or 15 per cent of the Gross Domestic Product (GDP).