Rs 3 lakh crore credit facility will cover professionals, says FM
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India, Aug. 2 -- A Rs3 lakh crore emergency credit facility targeted at small enterprises will now be extended to professionals such as doctors and chartered accountants as well to help them tide over the crisis triggered by the coronavirus disease (Covid-19), finance minister Nirmala Sitharaman said on Saturday, warning that the timing of a full economic recovery is tough to predict when the pandemic is still to play itself out. The government estimates that around Rs1 lakh crore of the facility would be used by the professionals.
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