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The overall package, which stood at Rs 20,97,053 crore, included the Rs 1.92 lakh crore stimulus from measures announced by PM Modi recently such as the Pradhan Matri Garib Kalyan Package worth Rs 1.7 lakh crore. https://www.financialexpress.com/economy/breakup-of-the-rs-20-lakh-crore-economic-stimulus-package-by-fm-sitharaman/1961843/

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The partnership would enable free-of-cost testing for COVID-19 to a large number of people from disadvantaged and marginalised communities, using NCBS-TIFR and inStem’s high-capacity technical capabilities and skilled scientific personnel, an Azim Premji Foundation statement said. Read more at: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/azim-premji-foundation-ncbs-instem-ink-partnership-on-enhanced-testing-for-covid-19/articleshow/75803317.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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Now, insolvency proceedings will not be initiated up to 1 year. Earlier, the MCA had extended it to six months. Read more at: https://economictimes.indiatimes.com/small-biz/sme-sector/fm-provides-covid-19-relief-no-fresh-insolvency-proceeding-against-msmes-for-1-year/articleshow/75785351.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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No fresh insolvency to be initiated for one year under IBC: Finance Minister Minimum threshold to initiative insolvency proceeding has been raised to Rs 1 crore from Rs 1 lakh to benefit MSMEs, she said adding that an Ordinance will be promulgated to bring this change in IBC. Read more at: https://realty.economictimes.indiatimes.com/news/regulatory/no-fresh-insolvency-to-be-initiated-for-one-year-under-ibc-finance-minister/75787259  

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