Union Finance Minister Nirmala Sitharaman on Thursday announced an economic stimulus finalised to deal with impact of corona lockdown. She announced Rs 1.70 lakh crore Pradhan Mantri Gareeb Kalyan scheme to help the needy.
80 crore poor people will get 5 kg wheat or rice and 1 kg of preferred pulses free every month for the next three months. Also, Rs 50 lakh per person insurance cover for doctors, paramedic, healthcare workers dealing with coronavirus outbreak.
Govt will front-load Rs 2,000 paid to farmers in first week of April under existing PM Kishan Yojana to benefit 8.69 crore farmers. MNREGA wage increased to Rs 202 a day from Rs 182 to benefit 5 crore families. An ex-gratia of Rs 1,000 to 3 cr poor senior citizens, poor widows and poor disabled was also announced.
20 crore women Jan Dhan Account holders to get Rs 500 per month for next three months to help them run their households. Ujjwala beneficiaries to get free cooking gas (LPG) cylinders in next three months and this will benefit 8.3 crore BPL families.
Collateral-free loan doubled to Rs 20 lakh to 63 lakh women self-help groups; to impact 7 crore households.