Key Takeaways From Finance Minister's Press Meet

Union Home Minister Nirmala Sitharaman has called for a press meet on the relief programs from the Centre's side to fight the pandemic Covid-19. She said that under the Ujjwala scheme, 8.3 crore BPL families will get free cylinders for 3 months.

As the lockdown is observed throughout the nation, the Finance Minister said that the Women Jan Dhan account holders will be given Rs 500 per month for the coming three months.

"There are 63 lakh self-help groups for women in the country. They get up to Rs 10 lakh collateral-free loans right now. We are doubling that to Rs 20 lakh," Finance Minister Nirmala Sitharaman said.

The Finance Minister said that the cash under the PMGKAY will be transfer in eight parts. Farmers, MNREGA, widows, poor pensioners, divyang, women under Jan Dhan Yojana, women and households under Ujjwala scheme, self-help groups for women especially under the livelihood mission, organized sector workers under EPFO, construction workers and district mineral funds.

"Wage increase under MNREGA scheme will benefit 5 crore families. The wage increase will result in additional income of Rs 2,000 per worker," said Nirmala Sitharaman.

"They receive Rs 6,000 per annum through the PM-KISAN scheme. We will now be giving the first installment upfront. Around 8.69 crore farmer will get immediate benefit out of this," she added.

She went on to say that under Prime Minister Gareeb Kalyan Yojana(food scheme), 80 crore people will be benefitted.

"Every one under this scheme will get 5 kg of wheat/rice for free in addition to what they are already getting. We will also give one kg of one choice of pulse to each household under this scheme for the next three months. They can take it in two installments also," said Sitharaman.
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