Relief announced by FM Nirmala Sitharaman on 26.03.2020 relating to corona virus

written by ADMIN | March 26, 2020

Economic Relief Package to fight Corono Virus

FM announces economic relief package says Package of Rs 1.7 lakh cr under the PM Gareeb Kalyan Scheme will immediately take care of poor.

1. Medical Insurance cover for health care officials and employees:

Announcing medical cover of Rs 50 Lakh/person for those who many term the ‘gods in white’ i.e. healthcare personnel.

2. Announcement under PM Gareeb Kalyan Scheme:

(A) Under Anna Yojna:

80 cr poor people, two-third of our population – everyone will get additional 5 kgs of wheat/rice for free for next 3 months 1 kg of pulses/person of their regional preference will be given.

(B) Farmers:

8.69 cr farmers will benefit immediately from the front loading of the first installment under PM Jan Dhan Yojana. 2000/- to be given in first week of april.

(C) MNREGA Payout:

Hike in MGNREGA to benefit 5 cr families. Increased to Rs. 202/day from Rs. 182/day. Benefit of additional 2000/-

(D) Old People (>60yrs), Disabled & Widows Women

Ex-gratia amount of Rs. 1000/- each to be distributed for next three months. 3Cr people to be benefitted.

(E) Jan-Dhan Women A/C holders:

Ex-gratia amount of Rs. 500/- per month for next three months to be districuted.

(F) Ujjwala Scheme:

UJjwala Scheme beneficiaries to get free cylinders for 3 months for 8 cr families under below-poverty-line. Disabled to get Rs. 1000/- for 3 months.

(G) Self Help Groups Benefits (SHG)

Doubles collateral-free loans to 63 lakh women self-help groups. From 10 lakhs to 20 lakhs.

(H) EFPO Regulations to be amended:

For all those establishments with upto 100 employees & where 90% of the employees earning less than Rs 15,000/month, Govt to pay 24% EPF contribution of Employer & Eomployee for next three months.

EPFO scheme will be amended to allow upto 75% of credit allowed or three months of Salary whichever is higher.

(I) Construction Workers:

Welfare fund under CG Act, having 31000 crore funds in it, of 3.5 crores workers registered. To utilize this fund to protect these workers against any economic distractions. Directions to be given to SG.

(J) District Mineral Fund

Govt telling states to use district mineral fund for COVID medical expenses; states will use district mineral fund for medical screening, facilities & health needs

 

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