{"id":134,"date":"2020-03-26T19:35:30","date_gmt":"2020-03-26T14:05:30","guid":{"rendered":"https:\/\/total-sols.com\/blog\/?p=134"},"modified":"2020-03-26T19:35:33","modified_gmt":"2020-03-26T14:05:33","slug":"covid-19-financial-relief-package-for-the-poor-by-govt-of-india","status":"publish","type":"post","link":"https:\/\/total-sols.com\/blog\/covid-19-financial-relief-package-for-the-poor-by-govt-of-india\/","title":{"rendered":"COVID-19 FINANCIAL RELIEF PACKAGE FOR THE POOR BY GOVT OF INDIA"},"content":{"rendered":"\n<p>Hon FM Ms. Nirmala Sitaraman today announced a package of Rs. 1.7 lakh crore to handle the distress cost due to Corona Virus Pandemic and lockdown announced.&nbsp;<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PM Garib Kalyan Scheme will entail Rs. 1.7 lakh crore, which will include direct cash transfer into Jan Dhan accounts through DBT (direct bank transfer) and food security.<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insurance coverage of Rs. 50 lakhs for Asha, sanitation workers, doctors, nurses and paramedics who are on the frontline fighting Corona.<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 kg of rice or wheat per person per month over and above the present limits through PDS free of cost.&nbsp; One kg of preferred pulse, region-specific will be given free of cost.&nbsp; 80 crore people will be benefitted.<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Every Kisan\/Farmer will be given Rs. 2000\/- per month starting from first week of April 2020.&nbsp; 8.69 crore farmers will benefit.&nbsp; Wage raise from Rs. 182 to Rs. 202, amounting to increase of Rs. 2000 per worker under MNREGA benefitting 5 crore people.<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ex-gratia of Rs. 1000\/- for next three months in two instalments of Rs. 500\/- for old age\/widows.&nbsp;&nbsp; It will benefit 3 lakh crore senior citizens and widows in the BPL families.<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Women Jan Dhan account holders will get ex-gratia of Rs. 500 per month for the next three months, which will benefit 20 crore women.<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Women under Ujwala Scheme will get free cylinders for three months.&nbsp; This will benefit 8.3 crore BPL families.<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Women self-help groups under Deendayal National Livelihood Mission, collateral-free loan will be given up to 20 lakhs from present 10 lakhs.&nbsp; It will impact 7 crore holders through 63 lakh self-help groups.<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EPFO workers can withdraw 75% for contingency expenditure as non-refundable advance or three months wages whichever is lower.&nbsp; This will benefit 4.8 crore workers.<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The EPF contribution of employer and employee for the salary of Rs. 15000\/- and below shall be borne by the govt of India up to 100 workers, 90% for three months.<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For construction workers, state govt has been directed to use welfare fund for building and construction labourers which is around Rs. 31,000 crores.&nbsp; This will help those who are facing economic disruption because of lockdown.&nbsp;<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;District mineral fund:&nbsp; States to mineral fund for testing activities, medical screening, health attention needed to fight Covid.<\/p>\n\n\n\n<p>It is expected a relief package for industries will come soon. CII (Confederation of Indian Industry) has sought a stimulus of 1% of GDP that is Rs. 2 lakh crore.&nbsp; They have sought a three month moratorium on all loans.&nbsp; All repayment obligations to be suspended for this period.&nbsp; MSME\u2019s await your turn.&nbsp; The poorest of poor have been taken care of.&nbsp; Humara number bhi ayega!<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hon FM Ms. Nirmala Sitaraman today announced a package of Rs. 1.7 lakh crore to handle the distress cost due to Corona Virus Pandemic and lockdown announced.&nbsp; \u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PM Garib Kalyan Scheme will entail Rs. 1.7 lakh crore, which will include direct cash transfer into Jan Dhan accounts through DBT (direct bank transfer) and food security. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-134","post","type-post","status-publish","format-standard","hentry","category-accounts"],"_links":{"self":[{"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/posts\/134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/comments?post=134"}],"version-history":[{"count":1,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/posts\/134\/revisions"}],"predecessor-version":[{"id":135,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/posts\/134\/revisions\/135"}],"wp:attachment":[{"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/media?parent=134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/categories?post=134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/tags?post=134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}