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Monthly DNA
07 May, 2021
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Madras HC remarks
Source: TH
The RBI Governor Shri Shaktikanta Das today announced a series of measures to support the nation’s fight against the second wave of COVID-19 infections.
1. Term Liquidity Facility of 50,000 crore to Ease Access to Emergency Health Services
2. Special Long-Term Repo Operations for Small Finance Banks
3. Lending by Small Finance Banks (SFBs) to MFIs for on-lending to be classified as priority sector lending
4. Credit flow to MSME Entrepreneurs
5. Stress Resolution Framework 2.0 for Individuals, Small Businesses and MSMEs
Following set of measures have been announced to relieve stress faced by most vulnerable categories of borrowers – namely individuals, borrowers and MSMEs.
6. Rationalization of KYC norms for enhanced customer experience
Steps being proposed include:
7. Floating Provisions and Countercyclical Provisioning Buffer
8. Relaxation of overdraft facility for states
Global economy is showing signs of recovery
Source: PIB
Progress until now
Features of the strategy
The following mini-kits will be given;
The above mini-kits used for intercropping and urad sole crop will cover an area of 4.05 lakh hectare in the Kharif season 2021 to be funded by the Central Government. In addition to this, the usual programme of intercropping and area expansion by the states will continue on a sharing basis between the Centre and State.
Source: PIB
Source: TH
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