Modi govt plans 50000k crore credit incentives to boost health infrastructure varpat

The economy of the country has been badly affected by the second wave of coronavirus.

The economy of the country has been badly affected by the second wave of coronavirus.

The economy of the country has been badly affected by the second wave of coronavirus.

New Delhi. The economy of the country has been badly affected by the second wave of coronavirus. Now meanwhile, news is coming quoting government sources that the central government is considering to offer a loan incentive of $ 6.8 billion (₹50,000 crore) to boost the health care infrastructure affected by the pandemic.

RBI had announced to give 50,000 crore loan

Live Mint quoted sources as saying, this incentive amount will help companies to increase the capacity of the hospital or medical supplies. The government will act as a guarantor. The source said that the focus is likely to be on strengthening the health infrastructure related to Kovid-19 in smaller cities. At present, the spokesperson of the Ministry of Finance refused to say anything about this. Recently, the RBI Governor said that in view of the need of Corona crisis, a loan of 50000 crores was announced for emergency health services.

Also read- Get health insurance of ₹ 1 crore by paying just Rs 240, cashless claim will be approved in just 20 minutes, know everything$41 billion emergency loan announced

The government also separately announced last month that airlines and hospitals were included in a $41 billion emergency loan program to protect them from the effects of the pandemic. The program guarantees a loan of Rs 20 million to hospitals and clinics to set up on-site oxygen production plants, with an interest rate of 7.5%.




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