{"id":322377,"date":"2020-04-17T09:05:19","date_gmt":"2020-04-17T09:05:19","guid":{"rendered":"http:\/\/tehelka.com\/?p=322377"},"modified":"2020-04-17T09:05:19","modified_gmt":"2020-04-17T09:05:19","slug":"rbi-measures-will-help-small-businesses-msmes-farmers-and-poor-pm-modi","status":"publish","type":"post","link":"https:\/\/tehelka.com\/rbi-measures-will-help-small-businesses-msmes-farmers-and-poor-pm-modi\/","title":{"rendered":"RBI measures will help small businesses, MSMEs, farmers and poor: PM Modi"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-320308 aligncenter\" src=\"http:\/\/tehelka.com\/wp-content\/uploads\/2020\/02\/Screenshot_20200223-191100__01.jpg\" alt=\"\" width=\"673\" height=\"459\" srcset=\"https:\/\/tehelka.com\/media\/2020\/02\/Screenshot_20200223-191100__01.jpg 673w, https:\/\/tehelka.com\/media\/2020\/02\/Screenshot_20200223-191100__01-300x205.jpg 300w, https:\/\/tehelka.com\/media\/2020\/02\/Screenshot_20200223-191100__01-218x150.jpg 218w, https:\/\/tehelka.com\/media\/2020\/02\/Screenshot_20200223-191100__01-616x420.jpg 616w\" sizes=\"(max-width: 673px) 100vw, 673px\" \/>Prime Minister Narendra Modi on Friday said the announcements made by the Reserve Bank of India (RBI) will greatly enhance liquidity and improve credit supply.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">He further said these steps would help our small businesses, MSMEs, farmers and the poor.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">\u201cToday\u2019s announcements by @RBIwill greatly enhance liquidity and improve credit supply. These steps would help our small businesses, MSMEs, farmers and the poor. It will also help all states by increasing WMA limits,\u201d PM Modi tweeted.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Earlier in the day, RBI Governor, Shaktikanta Das announced a series of measures to keep the financial system and financial markets sound, liquid and smoothly functioning amid the COVID-19 pandemic.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The RBI has also reduced the reverse repo rate by 25 basis points from 4% to 3.75%.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prime Minister Narendra Modi on Friday said the announcements made by the Reserve Bank of India (RBI) will greatly enhance liquidity and improve credit supply. He further said these steps would help our small businesses, MSMEs, farmers and the poor. \u201cToday\u2019s announcements by @RBIwill greatly enhance liquidity and improve credit supply. These steps would help [&hellip;]<\/p>\n","protected":false},"author":59,"featured_media":320308,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[36],"tags":[316],"_links":{"self":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/322377"}],"collection":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/comments?post=322377"}],"version-history":[{"count":1,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/322377\/revisions"}],"predecessor-version":[{"id":322378,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/322377\/revisions\/322378"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media\/320308"}],"wp:attachment":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media?parent=322377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/categories?post=322377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/tags?post=322377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}