Centre rolls out 16 measures in 72 days; ₹2.55 lakh crore ECLGS 5.0 credit line targets MSMEs and traders
FinMin says ₹1 lakh crore revenue loss from excise cut won't dent fiscal stability. Package includes ECLGS 5.0 (₹2.55 lakh crore for MSMEs/traders), gold-silver-platinum import duty hikes, SEZ domestic-sale window, and petrochemical input duty exemptions for textiles—signalling sustained policy support for retail supply chains.
Centre says fiscal headroom intact despite ₹1 lakh crore revenue loss from petrol/diesel excise cut. Rolled out 16 measures including ECLGS 5.0 (₹2.55 lakh crore credit for MSMEs/traders), gold-silver-platinum import duty hikes, SEZ domestic-sale window, and petrochemical input duty exemptions for textiles.