Highlights of Honourable Finance Minister and Minister of State Finance

Highlights of Honourable Finance Minister and Minister of State (Finance) 

1. PM Gareeb Kalyan scheme worth ₹1,70,000 crores

2. For doctors, paramedics, nurses and other health professionals- insurance cover ₹50 lakhs per person to be provided

Details of Yojana

Part A: Pradhan Mantri Garib Kalyan anna yojana

3. For 80 crore people, everyone will get additional 5 kg of rice/wheat more than existing 5kg given

4. Additional 1 kg of pulses of choice more than existing 1kg given

Part B: Direct Benefit Transfers

1. Farmers: First installment of PM kisan yojana Annual Rs. 6,000 given, shall be transferred immediately

2. MGNREGA: wage increase by another additional Rs. 2,000 in the MGNREGA scheme

3. Poor widows, old age and Disabled: Ex gratia amount of ₹1,000 p.m for next 3 months.

4. Women having Jan Dhan Accounts: Ex gratia amount of  ₹500 pm for next 3 months, benefit to 20 crore women.

5. Beneficiaries of Ujwala scheme: For 3 months free Gas Cylinders for 8.3 crore BPL families in the scheme 

6. Women in self-help groups: For 7 Crore households, Limit of Collateral free loans is ₹20,00,000 from existing ₹10,00,000

7a. Organised sector workers(EPF): Government to pay EPF contribution of both employer and employees for next 3 months. Applicability only to business having 100 employees and 90% have employees earn less than ₹ 15,000 pm

7b. Organised Sector Employees(Own money)*:  EPF scheme is amended to allow non refundable advance of 75% of amount in credit of account or 3 months wages, whichever is lower- Benefit to 4.83 crore workers

8. Construction workers: Using Welfare Fund of ₹31,000 Crores for construction workers can be used by Registered 3.5 crore workers

9. Mineral Workers: Usage of district mineral fund for mineral workers

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