Saturday 31 December 2016

ANNOUNCEMENTS BY PRIME MINISTER NARENDRA MODI








Addressing to General Public Prime Minister Mr. Narendra Modi thanks to general public for their immense support in the Demonetisation

In starting of speech he talked about the growth of all together and state about
                                      SABKA SAATH SABKA VIKAS

Taking his speech ahead he made following Major Announcement

FOR HOUSING SCHEMA

For helping out the people for their OWN HOUSE DREAM, come true He announce that
He announces that
There will be REBATE of 4 percent of INTEREST on LOAN UPTO 9 LAKS
And REBATE of 3 percent of INTEREST on LOAN UPTO 12 LAKS
In addition there will be REBATE of 3 percent of INTEREST on LOAN UPTO 2 LAKS for REPAIR, MAINTENACE and EXTENSION of Already Owned house.

FOR FARMER’S

He announces that,
Loan taken by farmers for the seeds and other during the period, for that government will bear the interest of 60 days for the same.
And government announces that 3cr kissan credit card will be converted in RUpay card
And card will be accepted for the general transaction on shops and other.

FOR MICRO SMALL MEDIUM ENTERPRISES  

Credit guarantee will be increase to 2 crore from 1 crore
Banking Loan Giving Criteria for working capital loan; limit 20 percent to be increased to 25 percent
And for the person promoting digital transaction in their business the same Limit of 20 percent to be increased to 25 percent


FOR PREGNANT LADIES

A help to pregnant ladies of Rs. 6000 which will directly transfer directly to bank account

FOR Senior citizen

Government ensure 8 Percent Interest on Fixed Deposit for least 10 year and upto the limit of seven lakhs and fifty thousand (7,50,000).


In his speech Mr. Modi to addressed about the
Already announced schema/provision of Reducing presumptive tax to 6 percent from 8 percent

And also about the BHIM Application for MONEY TRANSFER

2 comments:

  1. Is the Rebate on Housing Loan is also applicable on the loan take from NBFC

    ReplyDelete