Highlights: Centre’s Rs 1.7 lakh crore Economic Relief Package for Poor


TNI Bureau: The Centre has announced a Rs 1.7 lakh crore economic relief package – ‘PM Garib Kalyan Yojana’ to provide immediate support to all poor and vulnerable sections of the society in the wake of 21 day lockdown owing to Coronavirus Pandemic.

Support Independent Journalism? Keep us live.

Key Highlights:

👉 Relief Package will take care of poor and daily wage labourers.
👉 Rs 50 lakh per person insurance cover for all Doctors, Paramedics and Healthcare Workers engaged in Coronavirus fight for 3 months. Lives of CoronaWarriors are insured. 20 lakh workers to get benefits.
👉 80 crore poor people to get 5 kg of rice/wheat (over and above what they get already) and 1 kg of preferred pulse FREE for the next 3 months.
👉 8.7 crore Farmers will get Rs 2,000 each through DBT in the first week of April.
👉 MNREGA wage increased to Rs 202 per day from Rs 182 to benefit 5 crore families.
👉 3 crore Senior Citizens, Divyangs, Widows to get one-time amount of additional Rs 1,000 in two installments through DBT over the next 3 months.
👉 20 crore Jan Dhan Women account holders to get Rs 500 per month for the next three months.
👉 8.3 crore BPL families covered under Ujjawala scheme to get free cylinders for 3 months.
👉 DBT Cash transfers covers Farmers, MGNREGA, Poor widows, Pensioners & Divyangs, Jan Dhan Yojna accounts, Ujjwala scheme, Self help group women dealing with DDU livelihood missions, EPFO organised workers, Construction workers & District mineral workers.
👉 Collateral-free loans doubled to 20 Lakh for 63 lakh Self Help Women Groups (7 crore housesholds covered).
👉 Govt to pay Employee, Employer contribution to PF for 3 months for establishments (having up to 100 employees) with 90% of staff with Rs 15,000 wage.
👉 Workers allowed to draw non-refundable advance of 75% from credit in PF Accounts or 3 months salary, whichever is lower. 4.8 crore people to be benefitted.
👉 Centre allows States to use Rs 31,000 crore fund to provide relief to building and construction workers. 3.5 crore registered workers to be benefitted.
👉 Central Govt to request State Govts to use the District Mineral Fund (DMF) to augment medical testing and screening and providing health attention.
👉 No decision on deferement of EMIs and NPAs yet as the economic relief package is aimed at bailing out the poor and poorest people only.

Comments are closed.

error: Content is protected !!