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    <title>Finance Minister announce measures for relief and credit support related to businesses, especially MSMEs to support Indian Economy’s fight against COVID-19</title>
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    <description>Measures provide immediate liquidity and credit support to businesses, focusing on MSMEs via an Emergency Working Capital Facility of concessional term loans with full government guarantee, subordinate debt for stressed MSMEs, and an equity Fund of Funds; revise MSME eligibility by raising investment limits and adding turnover criteria; implement government guaranteed liquidity schemes for NBFCs/HFCs/MFIs and DISCOMs; temporarily reduce EPF contributions; and extend tax and contractual compliance deadlines while reducing TDS/TCS rates to improve cash flow.</description>
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