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FM’s Day 3 stimulus: Agriculture, allied activities get Rs 1.5-trillion package.
- The announcements Union Finance Minister Nirmala Sitharaman made on May 15, will require an expenditure of Rs 1.5 trillion, apart from what the administrative measures relating to them entail.
- Of this, Rs 35,000 crore will come from the Centre’s Budget over the next two to five years,stated the top government sources.
- Announcements on May 13, will have a fiscal impact of nearly Rs 40,000 crore (6.7 per cent), the sources said, in a package of Rs 5.94 trillion.
- For the ones on May 14, it is Rs 10,000 crore (3.2 per cent) of the Rs 3.16 trillion.
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