The people who are looking for jobs, the ones who are suffering from lack of housing support are getting a Diwali gift in the form of exclusive financial packages. The finance minister Nirmala SItharam announced a stimulus package for Diwali.
There were 12 stimulus measures that were expected to rule out unemployment. It was also sought to boost the housing infrastructure. It would also make it easier for people to begin their own startups. The deadlines for CredutLine Guarantee Scheme were also extended.
There was an allotment of 2 lakh crore PLI schemes which was meant for the 10 manufacturing sectors. The government announced some new projects which could increase employment in the country.An additional Rs.18,000 was also granted for PMAYUrban. It would help complete around 18 lakh houses.
It is expected that this will create 78 lakh more jobs in the country. Improvements are also expected to be seen in steel and cement which is expected to have positive growth in the economy. A stimulus package of Rs.2,65,080 was announced by the government today.