Rs 1.7 lakh Crore Relief Package For Poor Annouced By FM Nirmala Sitharaman

Mumbai: In a recent development, Finance Minister Nirmala Sitharaman has announced a relief package for poor and migrant workers amid a 21-day nationwide lockout to mitigate the effects of the coronavirus (COVID-19) epidemic.

In addition, she announced an insurance cover of Rs 50 lakh per person for sanitation workers, ASHA workers, doctors, nurses and paramedics who are on the Corona fight front.

For the 80 crores poor – or two-thirds of the population – more than 5 kg of rice or wheat which has already been given, another 5 kg per person will be given free through the public distribution system. Besides, one kg of preferred and region-specific choice of a pulse will also be given, said Sitharaman.

Revealing the features of the Pradhan Mantri Garib Kalyan Yojana, he said, “The government will ensure that no person remains in this period without food.”

The farmers will get the first instalment of Rs 2,000 in the first week of April. About 8.69 crore farmers will get immediate benefits.

Under the MGNREGA scheme, the wage rate has been increased from Rs 182 to Rs 202, an increase of Rs 2000 per worker. This will benefit 5 crore people.

For old age pensioners and widows, an additional rebate of Rs 1,000 for the next three months, available in two instalments. It will benefit 3 crore widows and senior citizens.

For women Jan Dhan account holders, a one-time discount of Rs 500 per month will be given for the next three months. This will benefit 200 million women.

For the beneficiaries of Mahila Ujjwala Yojana, 8.3 crore BPL families will be given free cylinders for three months.

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Under Deen Dayal National Livelihood Mission, women self-help groups (SHGs) will be provided collateral-free loans ranging from Rs 10 lakh to Rs 20 lakh. It will affect 7 crore holders through 63 lakh SHGs.

For the organized sector, the government will pay the Provident Fund contribution of both employer and employee at 24 per cent for the next three months. This is for employees who have 100 employees and 90 per cent of them earn less than Rs 15,000 per month.

The EPFO ​​regulation will be amended so that workers can withdraw 75 per cent of the amount carefully for their contingency. This will benefit 4.8 crore workers.

For 3.5 crore construction workers, the state governments have been directed to use the welfare fund for the building and construction labourers, who have about Rs 31,000 crore to help those who are financially inaccessible due to the lockout. Are facing disruption.

State governments have been asked to use the funds available under the District Mineral Fund to fight the coronavirus epidemic to focus on testing activities, medical checkups, health.

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