Coronavirus outbreak: FM Nirmala Sitharaman announces relief package worth Rs 1.7 lakh crore

Coronavirus outbreak: FM Nirmala Sitharaman announces relief package worth Rs 1.7 lakh crore

FPJ Web DeskUpdated: Thursday, March 26, 2020, 01:56 PM IST
article-image

Amid coronavirus outbreak, on Thursday Finance Minister Nirmala Sitharaman announced relief package worth Rs 1.7 lakh crore.

The Finance Minister while addressing press conference said the government has finalised an economic stimulus package to deal with the impact of 21-day countrywide lockdown to prevent spread of the virus. She further said, "A package is ready for the poor who need immediate help like migrant workers and urban and rural poor. No one will go hungry."

During the press conference, FM Sitharaman announced a Rs 50 lakh insurance cover for healthcare workers who are at the forefront of dealing with coronavirus pandemic.

FM Nirmala Sitharaman also announced that under Pradhan Mantri Gareeb Kalyan Ann Yojna, 80 crore poor people will get 5 Kg of rice and wheat per person,an additional 5kg will be free for the next three months. Also additional 1 kg pulse to regional preference will be given.

Nirmala Sitharaman also announced a multi-layered direct cash transfer scheme for affected people. "8.69 crore farmers to be immediately benefited through Direct cash transfers. Instalment of Rs 2000 in the first week of April will be transferred," Sitharaman said.

Wages under MNREGA will also be increased by Rs 2000 per worker on an average as additional income to help daily wage labourers.

The finance minister also announced that three crore senior citizens and women will be covered under the Divyang scheme, under which an one-time additional amount of Rs 1,000 in two instalments will be given through DBT over a period of three months.

RECENT STORIES

Rajasthan News: 5-Year-Old Dies, Several Children Fall Ill After Consuming Govt-Supplied Cough Syrup

Rajasthan News: 5-Year-Old Dies, Several Children Fall Ill After Consuming Govt-Supplied Cough Syrup

Uttar Pradesh News: Ayodhya Mosque To Take Traditional Shape After Oval Dome Design Fails To Win...

Uttar Pradesh News: Ayodhya Mosque To Take Traditional Shape After Oval Dome Design Fails To Win...

'Musalman Hone Ke Saza': Maulana Tauqeer Raza’s Close Aide Mohsin Raza While Being Arrested In...

'Musalman Hone Ke Saza': Maulana Tauqeer Raza’s Close Aide Mohsin Raza While Being Arrested In...

'Should Have Listened To Police': DMK MP Kanimozhi Slams TVK Chief Vijay Over Karur Stampede - VIDEO

'Should Have Listened To Police': DMK MP Kanimozhi Slams TVK Chief Vijay Over Karur Stampede - VIDEO

Uttar Pradesh News: Mission Shakti 5.0 Celebrates Navratri With Kanya Pujan Honouring Over 5 Lakh...

Uttar Pradesh News: Mission Shakti 5.0 Celebrates Navratri With Kanya Pujan Honouring Over 5 Lakh...