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March 26, 2020

Central government opens treasury: Rs 1.70 lakh crore relief package announced, also announced for farmers

Central government opens treasury: Rs 1.70 lakh crore relief package announced, also announced for farmers

Big announcement about EPF

Find answers to any questions that may be confusing you about the Corona virus here

If you do not do this, the person took this medicine and died without asking a doctor to avoid coronas.
Wow! In the case of lockdown, the system in Sabarkantha district worked so that it should be done all over the state.

Talking about the EPF, the government had announced that the government would provide employee and company share for the next three months. Which means that the government will provide 12-12% of PF money from both sides for the next three months. This relief will be applicable to people with up to 100 employees with 90% employees having less than 15000 salaries. The announcement will benefit 80 lakh employees and benefit 4 lakh companies.

Under the proposed scheme, the beneficiaries will be given a free cylinder for the next three months. Over 8 crore women will benefit.

US announces relief package of US $ 200 million (about Rs 151 lakh crore) on Wednesday
The $ 25 million fund is for people whose jobs have been lost due to coronavirus or have been affected by employment. The government will send such checks directly to such people.

$ 35,000 Emergency Loan Fund is for small US companies so their business does not stop
$ 25,000 Fund to be Announced as Employment Insurance Benefit

The $ 50,000-million fund will be declared as a loan to companies in crisis
The Deal also has a special provision. Because of this, President Donald Trump, no member of his family, any member of Congress will not be able to get a loan or investment in the amount of this package. This provision has been used to prevent misappropriation
In the accounts of 20 crore women, housing will be deposited at Rs 500 per month for three months.

Relief for the elderly and the disabled too
1000 rupees will be provided for the elderly, widows and the disabled. This will be for the next three months. Which will be deposited in two installments. Direct benefit transfer will be made for the people in this category. About 300 million people will benefit from this initiative.

Increased labor wages
Sitharaman said the wages of laborers under MGNREGA have been increased. The wages were previously Rs 182 which is now Rs 202. 5 crore families are expected to benefit.

An even bigger ad for 8 crore farmers
An announcement was also made for farmers under the Prime Minister's Kisan Samman Nidhi scheme. It has been decided to deposit Rs 2000 in installments in their account in April. This advertisement will benefit 8 crore farmers. Money will be transferred directly to the farmers account through Jan-Dhan account.

50 lakhs insurance to 20 lakh employees
Finance Minister Sitharaman thanked health workers working in the Corona crisis. He has announced medical insurance worth Rs. 50 lakhs. They include Asha workers, paramedical staff, technical staff, doctors. It will benefit about two million employees.

Cheap cereal ads too
In addition, the Prime Minister's Poor Welfare Food Scheme will provide food to 80 million poor people. There will be no poor appetite so each person will be given 5 kg of wheat or rice for the next three months. Apart from that, they will also get the same amount of five kilos previously received. 1 kg of pulses of choice will be provided per family for the next three months.

Key points of the finance ministry press conference

Nirmala Sitharaman announces a package of Rs.1.7 lakh crore

36 hours later the finance minister announced the package again

Compliance relief first

Then the poor are the poor people who need it

Talked about how the poor get a night out

Introduced the Poor Welfare Package

Health sector warrior doctor, cleanup worker hopeworker, paramedical staff, frontline warrior made no accident for 5 million Amoun per person

Twenty-two million employees will benefit.
Earlier, the finance minister had made some relief announcements. In which case they will not be charged for withdrawing money from ATM and the minimum balance rule in the bank. As well as the GST and ITR dates up to June 30. It is to be seen today that the finance minister is making some other announcements.

The country is fighting the Corona virus. The lockdown and the Corona virus have caused an economic blow to the country and the world. At that time, Nirmala Sitharaman can announce the importance of the economy as well as employment. It is said that the Modi government may have planned an economic relief package at yesterday's cabinet meeting to get out of the Corona crisis.

Central government opens treasury: Rs 1.70 lakh crore relief package announced, also announced for farmers

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It is important that after yesterday's cabinet meeting, the government announced to give cheap food to the people. He also appealed to anyone not to worry about buying goods. Prakash Javadekar said that the government has already made arrangements for food and living necessities in every state by taking adequate measures.

Coronavirus Outbreak | Finance minister | Nirmala Sitharaman | nirmala sitharaman press conference live | relief economy package focused