In a major relief for sectors affected by Covid pandemic, Finance Minister Nirmala Sitharaman made some big ticket economic announcements on Monday. Addressing a press conference in New Delhi, Sitharaman said that the government has approved a Rs 1.1 lakh crore loan guarantee scheme for COVID-19 affected sectors.
Another Rs 50,000 crore has been earmarked for coverage of health sector, aimed at upscaling medical infrastructure targeting underserved areas.The government has also pledged to provide Rs 60,000 crore for other sectors, Sitharaman said.
Apart from these, Rs 23,220 crore more has been allotted for public health sector. This will focus on short term emergency preparedness with special emphasis on children and paediatric care/paediatric beds.
