Union finance minister Nirmala Sitharaman announced details of the first tranche of the economic package announced by Prime Minister Narendra Modi a day earlier.
The main focus of the package was on providing relief to micro, small and medium enterprises via measures like collateral free loans, and equity infusion through Fund of Funds.
PM Modi has said that the current economic package, combined with earlier measures by the government and Reserve Bank of India, amounts to Rs 20 lakh crore.
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