Home Business #IndiaFightsCorona: FM announces Rs. 1.7 lakh cr PM Gareeb Kalyan Yojana

#IndiaFightsCorona: FM announces Rs. 1.7 lakh cr PM Gareeb Kalyan Yojana

by the owl speaks

Finance Minister Nirmala Sitharaman announced an economic relief package on Thursday under the Pradhan Mantri Gareeb Kalyan Yojana.

The economic relief package is Rs 1.7 lakh crore.

Under it:

– ‘Additional’ 5 kg wheat/rice and 1 kg of pulses to be given to poor for free for next 3 months to 80 crores poor

– Rs 50 lakh insurance per health care worker as a medical insurance cover for them for 3 months

– Old age, Divyang, pensioners: 3 crore people covered, one-time amount of additional Rs 1,000 in two installments through DBT (hence no middlemen) over 3 months to be given

– 20 crore Jan Dhan Women account holders covered: Ex-gratia amount of Rs 500 per month for the next three months

– Ujjawala scheme – nearly 8.3 crore BPL families covered in this – so that nobody runs short of cooking medium, for 3 months free cylinders

– Self Help women Groups (7 crore houses holds covered): collateral-free loans doubled to Rs. 20 Lakh, to increase money in hand

– Govt. of India will pay the Employees’ Provident Fund (EPF) contribution, both of employer and employee. Put together, it will be 24%, this will be for the next 3 months. This is for those establishments which have up to 100 employees and 90% of them earn less than Rs. 15,000

DD News

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