Government, RBI Stimulus Measures Amount To Rs 20.97 Lakh Crore: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Sunday gave a detailed breakup of the "Atma Nirbhar Bharat Abhiyan" economic package, announced by Prime Minister Narendra Modi on Tuesday. Ms Sitharaman explained the details of the stimulus after announcing the fifth and final tranche of measures. The stimulus measures brought in by the government and the Reserve Bank of India (RBI) together add up to Rs 20.97 lakh crore, Finance Minister Nirmala Sitharaman said. The measures come as the country braces for the fourth phase of the weeks-long lockdown to curb the spread of the coronavirus (COVID-19) crisis, which has pushed an already-ailing economy into a standstill, hampered businesses and landed thousands jobless. 

Finance Minister Nirmala Sitharaman on Sunday gave a detailed breakup of the "Atma Nirbhar Bharat Abhiyan" economic package, announced by Prime Minister Narendra Modi on Tuesday. Ms Sitharaman explained the details of the stimulus after announcing the fifth and final tranche of measures. The stimulus measures brought in by the government and the Reserve Bank of India (RBI) together add up to Rs 20.97 lakh crore, Finance Minister Nirmala Sitharaman said. The measures come as the country braces for the fourth phase of the weeks-long lockdown to curb the spread of the coronavirus (COVID-19) crisis, which has pushed an already-ailing economy into a standstill, hampered businesses and landed thousands jobless. 

Here is the breakup of the "Atma Nirbhar Bharat" announcements made in five tranches, and the monetary and fiscal measures announced earlier: 

First Tranche: Rs 5,94,550 crore

Second Tranche: Rs 3,10,000 crore

Third Tranche: Rs 1,50,000 crore

Fourth and Fifth Tranche: Rs 48,100 crore

Measures announced by the government earlier, including the PM Garib Kalyan scheme: Rs 1,92,800 crore

RBI measures: Rs 8,01,603 crore