Coronavirus impact: Centre to provide Rs 1,70,000 crore relief package


Daijiworld Media Network - New Delhi (SHP)

New Delhi, Mar 26: The Centre on Thursday announced a Rs 170,000 crore worth of relief package to protect the weaker sections of the society from the economic fallout of COVID-19, Finance Minister Nirmala Sitharaman said.

"This scheme includes food security and cash transfers," said Nirmala Sitharaman.

"The government has been working so that those affected due to the novel coronavirus since the lockdown commenced on the intervening night of 24-25 March, will be reached out. We have come up with a package which will take care of the welfare concerns of the poor," she added.

The Centre would also provide Rs 50 lac worth health insurance cover per health worker for three months.

The Prime Minister Gareeb Kalyan Yojana (Food Scheme) to provide 80 crore people, 5 kg of wheat/rice in addition to what they are getting. The families will also get one kg of a choice of pulse for the next three months. This can be taken in two instalments, asserted the FM.

"Wage increase under MNREGA scheme will benefit 5 crore families. The wage increase will result in an additional income of Rs 2,000 per worker," she announced.

"They receive Rs 6,000 per annum through the PM-KISAN scheme. We will now be giving the first instalment upfront. Around 8.69 crore farmer will get immediate benefit out of this," Sitharaman added.

The Finance Minister also clarified regarding who will be benefitted from PMGKAY. The cash transfer under the scheme will be through DBT in eight parts - Farmers, MNREGA, widows, poor pensioners, divyang, women under Jan Dhan Yojana, women and households under Ujjwala scheme, self-help groups for women especially under the livelihood mission, organized sector workers under EPFO, construction workers and district mineral funds.

The Centre will also contribute 24 per cent towards EPF for firms with more than 100 employees for the next three month. The 24 per cent will be divided equally between the employee and the employer.

Women Jan Dhan account holders to get Rs 500 per month for the next three months. "There are 63 lac self-help groups for women in the country. They currently can avail Rs 10 lac collateral-free loans. That limit is doubled to 20 lac," Finance Minister Nirmala Sitharaman said.

Over 8.3 crore BPL families will receive free LPG cylinders for 3 months under the Ujjwala scheme, she announced.

State governments will be directed under Buildings and Other Construction Workers’ Fund to utilise an existing Rs 31,000 crore welfare fund for benefit of 3.5 crore construction workers.

Further, the District Mineral Fund will also be utilised to augment medical testing, screening and other requirements to fight coronavirus and preventing the spread of the virus.

 

 

  

Comment on this article

  • Kumar, Karkala

    Fri, Mar 27 2020

    Modiji, one humble request. Since lock down, we came to know there are lakhs of people living & sleeping in streets. They dont have house, clothes & food. They somehow survive by begging or eating leftover hotel food. This is the best time to rehabilitate them, give proper shelter & a way of earning. Lets take care of these people first, then we will bring citizens of other countries to India.

    DisAgree Agree [1] Reply Report Abuse

  • Amar, Mangalore

    Thu, Mar 26 2020

    Temporary until CORNOA emergency gets over bring Kerala CM Pinaryai to center Govt to tackle situation. He got proven history in handling situation and well educated . He is Not Bol Bachan.
    After all is well we can send him back to Kerala.

    DisAgree [3] Agree [5] Reply Report Abuse

  • Kudla Stories, Kudla

    Thu, Mar 26 2020

    What did the middle class and the salary class do. Loads of us have been at home since about a week. And we already have lost about a months salary till April 15th. And the way it is going there are very high chances it may extend. Prime Minister said everyone should be paid. I mean from where will the small company pay, when there is no business coming in. Not one word to land lords too, so they can wait a little for rent. I simply worried and am sure there are scores like me who are worried too.

    DisAgree [1] Agree [8] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Thu, Mar 26 2020

    Can you explain what can a Citizen expect ...

    DisAgree [4] Agree [11] Reply Report Abuse

  • Manoj, Kavoor

    Thu, Mar 26 2020

    This announcement was Pro Poor and for the marginalised. But the fact remains that the tax paying middle class were totally neglected, dont know why?? Also there was no mention of the PY 2019-20 tax payment extension date which most of them were waiting, no response on Home loan and Personal Loan EMI for the March month, for which most of them are struggling. Also, ONE IMPORTANT fact is camouflaged in this ECONOMIC PACKAGE. FM clearly mentioned that they are providing MEDICAL INSURANCE TO CORONA WARRIORS and NOT LIFE INSURANCE but the reports shared therafter mentiones, only Insurance of ₹50L. (Press Release will clarify tat). Hope atleast 20L worth Lifecover could have been given. Lot of question remains unanswered like package for Tourism, Aviation and hospitality sector. Interestingly more than 60% of the questions asked were pathetic and not specific. One interesting question on No vaccine for COVID 19 so far, how will it affect the announced budget for 20-21 and the economy in times to come and wat idea does the CG has to combat the same - FM was BLANK. Only welcome sign is the 75% withdrawl or 3 months salary/wage, wil can be done. But it wil set a dangerous precedent if done. Hope another announcement is coming up soon coz 31st March is nearing..

    DisAgree [1] Agree [14] Reply Report Abuse

  • k b r, Mangaluru

    Thu, Mar 26 2020

    nice and welcome measure by our FM...still we have lot of money left for additional measures against corona impact ( i.e. 7 lac crores forcibly withdrawn by govt from RBI can be used for this purpose)...

    DisAgree [9] Agree [21] Reply Report Abuse

  • Lanslara, nakre karkala

    Thu, Mar 26 2020

    don,t worry we have money in our country . what about that gold has been captured from mangalore / Bangalore airport from so many years . India just following what other country's are doing .

    DisAgree [4] Agree [21] Reply Report Abuse

  • Sangram sangam, Kundapur

    Thu, Mar 26 2020

    Those who benifited they will understand

    DisAgree [5] Agree [3] Reply Report Abuse

  • Sangram sangam, Kundapur

    Thu, Mar 26 2020

    Great move
    That's why whole india belive Modi
    Jai modi jai jai modi

    DisAgree [43] Agree [24] Reply Report Abuse

  • Rajesh Kumar, Mangalore.

    Thu, Mar 26 2020

    Did u get any from Modi's previous great move?

    DisAgree [7] Agree [36] Reply Report Abuse

  • Nash, Mangalore

    Thu, Mar 26 2020

    Yes we got Madhya Pradesh

    DisAgree [8] Agree [12] Reply Report Abuse

  • Sangram sangam, Kundapur

    Thu, Mar 26 2020

    Anything comes now it will come directly to people
    Before we know the politician burocrets middle man looted this country
    We know some people more deadly than Corona virus in india
    Wait every thing come on track

    DisAgree [13] Agree [5] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Thu, Mar 26 2020

    We hope this is not the same money gifted by RBI to the Government in August 2019 ...

    DisAgree [24] Agree [39] Reply Report Abuse

  • Dan, UDUPI/Doha

    Thu, Mar 26 2020

    Good move ...very much needed.

    DisAgree [7] Agree [27] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Thu, Mar 26 2020

    Dan, UDUPI/Doha
    We have had many such announcements before ...

    DisAgree [33] Agree [39] Reply Report Abuse

  • AlooSeSona, Ullal

    Thu, Mar 26 2020

    Even Rahul Gandhi has approved it.

    DisAgree [7] Agree [3] Reply Report Abuse


LEAVE A COMMENT

Title : Coronavirus impact: Centre to provide Rs 1,70,000 crore relief package


 
 
 
 

 
You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.


Security Validation

Enter the characters in the image