The fifth and final tranche in-depth

Vikash Aiyappa

New Delhi, May 17: Union Minister Nirmala Sitharaman today announced the fifth tranche of the economic package.

The Finance Minister said that during the lockdown, the government had catered to all sections of society. Sitharaman also said that the package today would focus on seven sections. The focus was on MGNREGA, Health and Education, Businesses and Covid, decriminalisation of Company's Act, ease of doing business, Public Sector Enterprises related matters and state governments and resources related to state governments.

Health related

Government has committed Rs. 15,000 crore for health related measures so far for containment of COVID19

MNREGS

To provide a fillip to employment, Government will now allocate an additional Rs 40,000 crore under MGNREGS

Health reforms

Health reforms & Initiatives

Education and equity

India is changing and so is our way of education

Ease of doing business

With an eye on further enhancement of Ease of Doing Business Government announces suspension of fresh initiation of insolvency proceedings up to one year;

Decriminalisation

Government moves to decriminalise Companies Act defaults

For corporates

Ease of Doing Business for corporates

Public sector

A new AatmanirbharBharat will stand on a new Public Sector Enterprise Policy

Support for states

Supporting state governments

Promoting state reforms

Supporting state governments & promoting State level reforms

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Highlights of Finance Minister’s fifth and final announcement of economic package