Fiscal Package Part - II - Key Factors

# Govt eases ceiling on ECB borrowings as part of the second stimulus package.

# IIFCL allowed to raise Rs 30,000 crores via tax free bonds.

# Recapitalize PSU banks by Rs 20,000 cr in two years.

# Custom exemption on zinc and ferro alloys has been withdrawn

# NBFCs in infrastructure sector can access ECBs.

# FII investment limit in corporate bonds raised from 6 billion to 15 billion dollars.

# Govt extends tax incentive scheme for exporters up to Dec 31.

# State governmnet allowed to market borrowing of 0.5 per cent of GDP.