New Delhi, May 23 -- The Union Finance Minister Nirmala Sitharaman has asked Public Sector Undertakings (PSUs) to implement AtmaNirbhar Bharat relief package to revive the COVID-19-hit economy.

At a review meeting held on Friday, via video conferencing with top officials of all state-owned banks, Sitharaman also took stock of the banks' readiness to operationalise announcements made under the Rs 20 lakh-crore Aatmanirbhar Bharat package.

The Union Cabinet headed by Prime Minister Narendra Modi on Wednesday cleared Rs 3 lakh crore to Micro, Small and Medium Enterprise (MSME) and interested MUDRA borrowers by way of Emergency Credit Line Guarantee Scheme (ECLGS).

The 100% guarantee scheme at a concessional rate of 9.25% for MSMEs under ...