Finance Minister Sitharaman announced mega economic relief package during lockdown

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Finance Minister Nirmala Sitharaman has announced a huge relief package of Rs 1.7 lakh crore for migrant workers and poor people affected by the lockdown implemented due to the outbreak of COVID-19. The scheme has been named Pradhan Mantri Garib Kalyan Yojana. These food security schemes will help financially vulnerable people to overcome the additional challenge of lockdown and job loss caused by the outbreak of coronaires worldwide.

इस पोस्ट को हिंदी में पढ़ने के लिया पेज को नीचे की और स्क्रोल करो

वित्त मंत्री निर्मला सीतारमण ने COVID-19 के प्रकोप के कारण लागू हुए लॉकडाउन से प्रभावित होने वाले प्रवासी श्रमिकों और गरीब लोगों के लिए relief package of Rs 1.7 lakh crore 1.7 लाख करोड़ रुपये के विशाल राहत पैकेज की घोषणा की है। इस योजना को प्रधानमंत्री गरीब कल्याण योजना Pradhan Mantri Garib Kalyan Yojana नाम दिया गया है। ये खाद्य सुरक्षा योजना आर्थिक रूप से कमजोर लोगों को दुनिया भर में प्रकोप बन चुके कोरोनॉयरस के कारण लागू हुए लॉकडाउन और नौकरी के नुकसान की अतिरिक्त चुनौती को पाटने में मदद करेगी।

Some important announcements made by the Finance Minister while addressing the media are: –

A total of Rs 1.7 lakh crore will be spent under PM Garib Kalyan Yojana, which includes both cash transfer and food security. The scheme is expected to benefit 80 crore people.
An amount of Rs 50 lakh will also be insured for three months for people belonging to different categories engaged in dealing with Corona. These include doctors, para-workers, health workers, scavengers and ASHA workers.

Under this scheme 80 crore people will be provided free five kilograms of rice or wheat for the next three months, in addition to the 5 kg ration being given at the time. In addition, one kilo of lentils will also be given free to each family.
Under the Pradhan Mantri Kisan Yojana, the first installment of 8 crore 69 lakh farmers and others will be deposited in their account by the first week of April, 2 thousand rupees.

The wages of MNREGA workers have been increased from Rs 182 to 202 per day. This will benefit 5 crore families and as a result an additional 2,000 per laborer will be given. During this period, social distancing norms should be followed in MNREGA activities.
Senior citizens, widows and PwDs will be given a special grant in two installments of Rs 1,000 each during the next three months. This will benefit about three crore poor senior citizens, widows and disabled persons.

Women Jan Dhan account holders will be given Rs 500 in their accounts for the next 3 months for household expenses. It is expected to benefit 200 million women.
The beneficiaries of Mahila Ujjwala scheme will be given free cylinders for the next 3 months. This will benefit 8.3 crore BPL families.

Under Deen Dayal National Livelihood Mission, women self-help groups will be given loans ranging from Rs 10 lakh to Rs 20 lakh. This will benefit 7 crore women through 63 lakh SHGs.
The government will pay 24% EPF of both employer and employee for the next three months. The scheme is for employees with less than Rs 15,000 salary and a company with less than 100 employees.

For the organized sector, the EPFO ​​regulation will be amended to allow workers to take up to 75% of their advance non-refundable contingency expenses or three months’ advance salary, whichever is less. This will benefit 4.8 crore employees.
The state government has been directed to use about Rs 31,000 crore present in the welfare fund for the building and construction laborers, to help those who are facing economic problems due to the lockdown.

The fund, available under the District Mineral Fund, will be used for testing activities, medical check-ups, thereby focusing on the health needed to fight the coronovirus epidemic.
The Confederation of Indian Industry (CII) lobby group had sought an incentive of around 1% of GDP or Rs 2 lakh crore, sought a three-month deferment on all loans and said that all payment obligations were suspended for the period Should be done.