UncategorizedFinancial Package and Reliefs During Covid-19

March 26, 20200
Financial Package and Reliefs During Covid-19
The Finance Minister has extended further relief by way of Pradhan Gareeb Kalyan Yojana. on 26th March, 2020
The details of the package are as under:
A. Package of 1.70 Lakhs Crore under Pradhan Mantri Gareeb Kalyan Yojana
B. Packages:
a. DBT (Cash):-
1. Farmers – Rs.2,000 first installment in April Month, 2020,
2. MNREGA– Rs. 2000 Wages,
3. Senior Citizens, Widows – Exgratia – Rs.1,000 – In 50%-50% two installment.
4. Women Jan Dhan – Exgratia – Rs.500/ month for 3 months.
5. Ujawala – Gas Cylinder – Free Cylinder for 3 months For BPL Families,
6. Women self help Groups– Rs.20 Lakhs Loan without Collateral security,
7. Organised Sector:- a. Employee and employer contribution (Total 24%) will be paid by government of India for 3 months – Applicable to establishments having up to 100 employees and from total 90% employees earnings less than Rs. 15,000/- b. PF Regulations Amended – Allowing withdrawal up to 75% or 3 months wages, whichever is lower,
8. Construction Workers: Directions given to state governments for disbursement of funds – Rs 31,000 Crs.
9. Minerals Funds – Directions to State Government for disbursement for medical facilities and related activities.
a. Aana Yojana – Covers 80 Crore Population :-
1. Additionally 5Kg Rice OR 5 Kg Wheat for 3 months.
2. 1KG Pulses for 3 months 3. Rs 50 Lakhs per person Mediclaim to healthcare workers

Leave a Reply

Your email address will not be published. Required fields are marked *

Current day month ye@r *

© 2020-21 AMLEGALS Law Firm in Ahmedabad, Mumbai, Kolkata, New Delhi, Bengaluru for IBC, GST, Arbitration, Contract, Due Diligence, Corporate Laws, IPR, White Collar Crime, Litigation & Startup Advisory, Legal Advisory.

 

Disclaimer & Confirmation As per the rules of the Bar Council of India, law firms are not permitted to solicit work and advertise. By clicking on the “I AGREE” button below, user acknowledges the following:
    • there has been no advertisements, personal communication, solicitation, invitation or inducement of any sort whatsoever from us or any of our members to solicit any work through this website;
    • user wishes to gain more information about AMLEGALS and its attorneys for his/her own information and use;
  • the information about us is provided to the user on his/her specific request and any information obtained or materials downloaded from this website is completely at their own volition and any transmission, receipt or use of this site does not create any lawyer-client relationship; and that
  • We are not responsible for any reliance that a user places on such information and shall not be liable for any loss or damage caused due to any inaccuracy in or exclusion of any information, or its interpretation thereof.
However, the user is advised to confirm the veracity of the same from independent and expert sources.