Economic Relief Package - Measures Expected To Improve Credit Offtake: CARE Ratings

Indian 50 rupee, left, and 2000 rupee banknotes. (Photographer: Brent Lewin/Bloomberg)

Economic Relief Package - Measures Expected To Improve Credit Offtake: CARE Ratings

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

CARE Ratings Research Report

We have been studying the various measures announced by government considering the Covid-19 pandemic.

The Government of India and Reserve Bank of India have been announcing various schemes/measures to mitigate the economic impact of the pandemic.

As a part of Atmanirbhar package, a key announcement has been the liquidity support to micro, small and medium enterprises via Emergency Credit Line Guarantee Scheme.

To mitigate the continuing adverse impact of pandemic, the government has announced various measures for healthcare spending, free tourist visas, extension of Atmanirbhar Bharat Rozgar Yojana, extending farmer incomes, etc.

Click on the attachment to read the full report:

CARE Ratings Additional Relief Measures Announced By Government To Mitigate Pandemic Stress.pdf

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