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Thursday, 14 May 2020

Package / Rs 56,500 crore will go out of the government's pocket in the Finance Minister's announcement of Rs 5.94 lakh crore yesterday, know the math.

Package / Rs 56,500 crore will go out of the government's pocket in the Finance Minister's announcement of Rs 5.94 lakh crore yesterday, know the math.
corona pm modi stimulus declared by nirmala sitharaman very low hit to the government revenue
PM Modi announced a Rs 20 lakh crore relief package, the finance minister made several important announcements in his first phase on Wednesday, in which a package of about Rs 5.94 lakh crore was announced. Of this, only Rs 56,500 crore will be spent from the government's pocket.

It will cost the government only Rs 56,500 crore.

The government will have to bear the relief cost of PF and MSME.

A package of Rs 20,000 lakh crore was announced by PM Narendra Modi to meet the Rs 50,000 crore crisis to cut TDS / TCS. In its first phase, Finance Minister Nirmala Sitharaman made several announcements on Wednesday. There is talk of a relief package of about Rs 9.94 lakh crore. But the interesting thing is that they will spend only Rs 56,500 crore from the pockets of the government. Let's understand this math.


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