Here are the announcements made by PM Modi on New Year’s eve.
Poor and middle-class people will get 4% exemption on interest for houses up to Rs 9 lakh and 3% for houses up to Rs 12 lakh.
Kisan credit cards issued to the farmers will be converted into Rupay cards.
Micro Small and Medium Enterprises will get credit guarantee to Rs. 2 crore and their cash credit limit would be raised from 20% to 25%.
Senior citizens in the country will get an assured interest of 8% for ten years on depositing up to Rs 7.5 lakh.
Rs 6000 assistance will be transferred to the accounts of pregnant women.