Covid-19 package worth ₹20,000 crore in Kerala budget, announces minister - News Summed Up

Covid-19 package worth ₹20,000 crore in Kerala budget, announces minister


Kerala on Friday announced a ₹20,000 crore package to tide over the crisis brought about by the second wave of the coronavirus pandemic and also set aside ₹1,000 crore to provide free Covid-19 vaccination for adults in the state. “In the early days of the pandemic, a Covid package of ₹20,000 crore was announced to help those affected by Covid restrictions, including lockdowns, especially workers. In the wake of the second wave, the second Covid package of ₹20,000 crore is being announced to address the emerging health, social and economic challenges," Balagopal said, according to news agency ANI. "The package provides ₹2,800 crore for health emergencies, ₹8,900 crore for direct disbursement to people, and ₹8,300 crore for various loans and interest subsidies aimed at financial revival," he added. "The aim is to provide loans of ₹2,000 crore in the financial year 2021-22.


Source: Hindustan Times June 04, 2021 08:03 UTC



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