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    <title>Finance Minister Smt. Nirmala Sitharaman announces relief package of 6,28,993 crore to support Indian economy in fight against COVID-19 pandemic</title>
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    <description>The package comprises three pillars-economic relief, public health strengthening and growth &amp; employment-with major credit guarantee and liquidity measures: a new Loan Guarantee Scheme targeting health and other sectors with specified guarantee cover, an expansion of the Emergency Credit Line Guarantee Scheme to raise admissible guarantees, and a new Credit Guarantee Scheme enabling banks to on lend to MFIs/NBFC MFIs for small borrower loans under prescribed caps and tenors; tourism stakeholders receive simplified loan support. Public health measures fund short term surge capacity, paediatric care, testing, and logistics while growth measures include export insurance boosts, broadband rollout, PLI tenure extension and a result linked power distribution reform scheme.</description>
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