Wages towards EPF would be paid to the government till this date
The present world is not going through a proper phase as it has been badly affected by the pandemic. The onset of the financial crisis and the international health crisis which came in return have made most of the sector’s ideas move into the trend of losses or winding up of the companies.
There have been implications and the implementation of many kinds of reforms and policies by the government to ensure that stability comes in the economy and slowly moves towards a normal positive trend.
According to the finance minister of India Nirmala Sitharaman how to announce providing loan guarantee scheme to the priority sectors for about 1.1 lakh according to the scheme there will be Rs 50,000 crores loans will be provided to the health sector for the building of the infrastructure which will have a primary focus on the areas which are under the table of and underserved.
The metropolitan cities of India which are in number 8 will be provided with the guarantee cover of implementation of the new types of project for building up the health and the medical sector.
One of the other important things about this guarantee scheme is that rate of interest of the loan will be 7.95 per cent with the maximum loan amount that can be achieved is Rs 100 crores for three years.