Atma Nirbhar Bharat Abhiyan, towards a Self Reliant Nation : Second Tranche of announcement

Highlights of Phase 2 Stimulus Package announced by Finance minister, Ms. Nirmala Sitharaman on 14 May 2020.

These decisions are for easing the lives of migrant workers, urban poor, street vendors, tribals, small farmers and traders and self employed people.

Decisions made under Atmanirbhar Bharat Abhiyan:

  • For Migrants
  1. Free foodgrain supply for next 2 months covering 8 Crore migrants (Rs. 3500 Crores to be spent) 5kg wheat / rice per person and 1kg chana per family. It’s for non card holders as well.
  2. 1 nation, 1 ration card from august 2020. It will enable national portability of ration card. 100% PDS population to be covered from march 2021.
  3. Affordable rental housing and accommodation under PM awas Yojana in 3 ways:
  • Incentivising manufacturing units to build on their private compounds
  • Use empty government land to build more housing
  • PPP mode through concessionaire arrangement


  • For Shishu loan with Mudra
  1. Small businesses under MUDRA have been disrupted the most & has also impacted their capacity to pay EMIs.
  2. The current portfolio of MUDRA-Shishu loans is Rs 1.62 Lakh crore (Maximum loan amount of 50,000)
  3. Government of India will provide Interest subvention of 2% for prompt payees for a period of 12 months.


  • For Street Vendors
  1. Government will launch a special scheme within a month to facilitate easy access to credit for street vendors.
  2. Initial working capital up to Rs. 10,000.
  3. Will support nearly 50 lakh street vendors & Will provide liquidity of Rs. 5000 crores.


  • For housing and middle income group
  1. 70,000 crore has been infused boost to housing sector and middle income group through extension of Credit Linked Subsidy Scheme . This has been operational since May 2017 for Middle Income Group (Annual Income: Rs 6–18 lakhs)
  2. This Scheme has so far benefitted 3.3 lakh middle class families and due to government’s extension of the CLSS Scheme up to March
  3. 2021 , 2.5 lakhs middle income families will benefit by 2020-21
  4. The extension of CLSS will lead to Investment of over Rs. 70,000 Crores in housing and will create jobs.This will also stimulate demand for steel, cement, transport and other construction materials.


  • For the employment for tribals
  1. Job opportunities to be created in forestry related work in urban, semi-urban and rural areas.


  • For small farmers-
  1. NABARD will extend additional refinance support of Rs. 30,000 crore for crop loan requirement of Rural Co-op Banks & RRBs. This is over and above Rs 90,000 crore to be provided by NABARD through the normal refinance route during this year.
  2. Direct Support to Farmers & Rural Economy provided post COVID. 3 crore farmers with agricultural loans of Rs 4.22 lakhs crore availed the benefit of 3 months loan moratorium.
  3. Rs 2 lakh crore Concessional credit boost to 2.5 crore farmers through Kisan Credit Cards Fishermen and Animal Husbandry farmers will also be included in this drive.