Free LPG, 1.7 Lakh crore relief fund and more: FM Nirmala Sitaraman speech

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PM Gareeb Kalyan Scheme will entail Rs 1.7 lakh crore. This will include both cash transfer and food security.

Insurance cover worth Rs 50 Lakh for sanitation workers, doctors, nurse, health care officials who are working during the outbreak

5kg of rice or wheat per person will be given in addition to 5kg through PDS.

First installment of Rs 2000 will be given in the 1st week of April for Farmers and more than 8.69 crore farmers will be benefited.

MNREGA: Increase in wage rate from Rs 182 to Rs 202 amounting to increase of Rs 2000 per worker leading to benefitting 5 crore people.

Old age/widows: An ex-gratia amount of Rs 1,000 for next three months available in two instalments. It will benefit 3 crore widows, senior citizens and poor specially abled.

Women Jan Dhan account holders: Ex gratia of Rs 500 per month for next three months. This will benefit 20 crore women.

Under the Ujjwala scheme, 8.3 crore families below the poverty line will get free LPG cylinders for three months

Women Ujjawala scheme beneficiaries: For three months, free cylinders. Will benefit 8.3 crore BPL families.

Women Self Help Groups: Under the Deen Dayal National Livelihood Mission, collateral free loan will be given up to Rs 20 lakh from Rs 10 lakh earlier. Impact on 7 crore holders through 63 lakh SHGs.

Organised sector: Government of India will pay the EPF contribution both of the employer and the employee put together 24% for next three months. This is for those establishments with up to 100 employees, 90% of them earning less than Rs 15,000.

For organised sector, EPFO regulation will be amended so that workers can draw up to 75% for their contingency expenditure non-refundible advance or three months of wages in advance whichever is less. This will benefit 4.8 cr workers.

Construction workers: State government have been directed to use the welfare fund for building & construction labourers which has around Rs 31,000 crore to help those who are facing economic disruption because of the lockdown.

Utilise the funds available under the district mineral fund for testing activities, medical screening, providing health attention needed to fight the coronavirus pandemic.

The Confederation of Indian Industry (CII) lobby group, had sought a stimulus of about 1% of the GDP or Rs 2 lakh crore, has sought a three-month moratorium on all loans and said all repayment obligations should be suspended for this period.

-From Economic Times