BJP chief J P Nadda on Monday said the RBI’s announcement of Rs 50,000 crore liquidity facility for mutual funds will take forward the Union Government’s measures to protect small investors amid the challenges facing the economy due to COVID-19.

“COVID-19 has brought many challenges to our economy. To deal with this, PM Narendra Modi Government has taken many prompt decisions. Taking it forward and to protect small investors interests, I welcome RBI’s announcement of Rs 50,000 crore special liquidity facility for mutual funds,” Nadda said.