New Delhi (PTI): Following are the highlights of the mega-stimulus package announced by the government to boost the economy:

* Additional plan expenditure of up to Rs 20,000 crores.

* Excise duty reduced across the board by 4 per cent.

* IIFCL authorised to raise Rs 10,000 crores via tax-free bonds.

* PSU banks to announce package for borrowers of home loans.

* Rs 350 crores additional funds for export incentives.

* Back-up guarantee to ECGC for up to Rs 350 crores

* Two per cent interest subvention for labour-intensive exports.

* Rs 1,100 crores to ensure full refund of Terminal Excise duty.

* Additional Rs 1,400 crores for textile sector under TUF Scheme.

* The guarantee cover for loans to MSME doubled to Rs 1 crore.

* The lock-in period for such collateral-free loans reduced.

* Government depts allowed to take up replacement of vehicles.

* Import duty on Naphtha for power sector eliminated.

* Export duty on iron ore fines eliminated.

* The economy will continue to need stimulus in next fiscal.