News Karnataka
Wednesday, February 28 2024

COVID-19: Centre to provide Rs 170,000 cr relief package

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nirm mNew Delhi: 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.

Announcing the relief package, the Finance Minister said the PM Garib Kalyan Yojana will benefit migrant workers and rural poor and the women.

The minister said the scheme will work via direct cash transfer, as one set of measures, while another set will include food security-related measures.

“We do not want anyone to remain hungry, so we will be giving enough to take care of their foodgrain requirement, protein requirement in terms of pulses,” the minister said.

“On the other hand, they should also not remain without money in hand. So several measures through DBT are being taken so that money reaches them so that they can have money in their hands.”

Rs 50 lakh medical insurance for doctors, paramedics, nurses

Doctors, paramedics, nurses, ‘Asha’ workers, cleaning workers involved in the fight against coronavirus pandemic and treating affected patients would be extended medical insurance cover of Rs 50 lakh each.

The scheme will 20 lakh health professionals and workers across the country, in case they want to avail it.

Centre to pay 24% EPF money for private firms, staff for 3 months

The Union Finance Minister also announced that the government will make 24 per cent contribution to the Employees’ Provident Fund (EPF), 12 per cent each for employer and employee for the next three months.

The government will make this contribution only in case of establishments with up to 100 employees, 90 per cent of whom draw less than Rs 15,000 per month, Sitharaman told the media here.

The scheme would benefit 80 lakh employees and 4 lakh establishments, she added.

Sitharaman said that around 4.8 crore workers registered with the EPF will be able to withdraw the money.



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