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