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Key Highlights of FM’s Press Conference on Aatma Nirbhar Reforms on May 13, 2020


Banks will offer collateral-free loans amounting to Rs 3 lakh crore rupees to small and medium businesses as part of the first round of the relief package announced by Finance Minister Nirmala Sitharaman on Wednesday. PM Modi, who had promised a Rs 20 lakh crore (Rs 20 trillion) in his televised address to the nation a day earlier, said the announcements made will go a long way in addressing issues faced by businesses, particularly medium and small enterprises that have been considered the bedrock of the Indian economy.

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