<h1>Government Unveils Economic Relief: Boosts Infrastructure Spending, Cuts Cenvat by 4%, Supports Exports, MSMEs, and Housing.</h1> The government has announced measures to mitigate the impact of the global financial crisis on the Indian economy. These include increased plan expenditure of Rs. 20,000 crore for rural and infrastructure projects, a 4% cut in Cenvat rates, and support for exports, housing, MSMEs, and textiles. The India Infrastructure Finance Company Limited is authorized to raise Rs. 10,000 crore for infrastructure projects. Additional credit measures include liquidity support for NBFCs and increased credit targets for public sector banks. Exporters will benefit from restored DEPB rates and enhanced duty drawbacks. State governments can raise additional market borrowings for capital expenditures.