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The finance minister Nirmala Sitharaman has announced a ₹ 1.1 lakh crore loan guarantee scheme for the covid-affected sectors at a time when the economy has been ravaged by the second wave of the coronavirus pandemic. The finance minister has also announced an additional ₹ 1.5 lakh crore under the Emergency Credit Line Guarantee Scheme (ECLGS) that was launched as part of Atmanirbhar Bharat package last year. Nirmala Sitharaman has announced ₹ 100 crore loan to the health sector at the rate of 7.95 per cent as India braces for a possible third wave of the rampaging virus.

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NDTV 24x7, Nirmala Sitharaman, Centre's package for coronavirus
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