India States a $22 Billion Relief Package to Help During the Coronavirus Lockdown

Mar 26, 2020 | AS Team

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The Financial Minister of India, Nirmala Sitaraman announced a financial aid of  ₹1.7 lakh crore (more than $22 billion), under the scheme known as Pradhan Mantri Gareeb Kalyan Yojana to support the Indian economy from the increasing crisis of the COVID-19 pandemic on the people under deprived, and the needy, confirmed the Reuters.

 

The finance minister Nirmala Sitaraman said in her statement that “ two days back, PM Modi had announced the complete lockdown, the government has continuously worked for women, poor, migrants of the society since then. The packages cast essentially on food requirements and other basic measures via directly putting money in the hands of needy people during the coronavirus pandemic. 

 

You can watch the full video here, an official press conference;



The scheme covered the following points in various realms;

 

  1. To supply free food grains( wheat or rice doubled in amount) for the next three months.

  2. For farmers ₹6000 a year, they will get the first installment of ₹2000 on April 1, 2020, according to schedule. 

  3. ₹ 50 lakh per person medical insurance for medical workers.

  4. ₹1000 as an ex-gratia for the next three months will be provided to senior citizens, widows and disabled.

  5.  The state authority will be called for to utilize the District Mineral Fund for medical screening and medical testing in their district-zone.  

Tags #Business#Politics