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Modi government is leaving no stone unturned in this fight against COVID-19, ensuring minimum disruption in people’s lives while planning for a strong and stable India in days ahead. Steps taken by RBI today, to boost Indian economy, further reinforce PM @narendramodi’s vision.

RBI’s decision to extend 25000cr credit facility to NABARD will greatly help our farmers, 15,000cr to SIDBI will provide much needed financial stability to MSMEs & startups, boost the Make in India program. 10,000cr to NHB and liquidity measures for Banks & NBFCs will help too

Today's announcement by @RBI is in line with the vision of our PM to take steps which are business & people friendly. RBI had already taken some big steps on 27 March. These steps will go a long way to help PM Modi's effort to keep the economy strong during & after the pandemic.

Initial ₹ 50,000 Cr to support small & mid NBFCs,refinance facilities of ₹25,000 Cr to NABARD to help farmers, ₹15,000 Cr to SIDBI to boost loans to start-ups & SMEs, ₹10,000 Cr to NHB to support housing for all, will prove to be significant steps.

Under the leadership of Honble PM @narendramodi ,the govt is taking all necessary steps to help the economy cope with this crisis during Covid-19. The RBI’s announcements today on providing liquidity & improving credit flow will help protect the livelihoods of the Indian people.

Today’s announcements by @RBI will greatly enhance liquidity and improve credit supply. These steps would help our small businesses, MSMEs, farmers and the poor. It will also help all states by increasing WMA limits.