Coronavirus Economic Relief

The lockdown of India commenced on 25th March 2020. The Government has now worked to provide relief for various disadvantaged sections of the society with a 1,70,000 crore scheme.

50 Lakh Medical Insurance Cover

The Government will provide a Rs.50 lakh medical health insurance cover for all healtcare workers in the frontline of the battle against Coronavirus. This cover will be applicable for all Doctors, Nurse, Santiation Workers and others in the frontline helping Coronavirus patients.

Pradhan Mantri Garib Kalyan Yojana

Under the

Pradhan Mantri Anna Yojana, 80 crore people are being provided with 5 KG of wheat or rice every month. Now, 5 KG of additional wheat or rice will be provided for the next 3 months for free. In addition, 1 KG of pulse will also be provided for each household for free over the next 3 months.

Support for Farmer

Farmers are currently receiving Rs.6000 annually under

PM Kisan Yojana. Their first installment will now be released benefiting 8.6 crore farmers.

Manrega

Manrega will benefit 5 crore families. Wage rate is being increased to give Rs.2000 additional income.

Old-Aged People, Widows & Disabled

A onetime amount of Rs.1000 will be paid in 2 installments over the next 3 months. It will benefit 3 crore old-aged people, widows and disabled persons.

Jan-Dhan Yojana

Women Jan-Dhan account holders will get Rs.500 per month for the next three months. This will benefit 20 crore women.

Ujjwala Scheme

Under the Ujjwala scheme, nearly 8 crore families benefited by getting gas cylinders. For the next three months, Ujjwala scheme beneficiaries will get free gas cylinders.

Self-Help Group Women

7 crore households will be benefited by giving upto Rs.20 lakh collateral free loan who are operating self-help groups.

EPFO - Organised Sector Workers

Government of India will pay the EPF contribution both of the employer and employee put together 24% for the next 3 months by the Government of India. This is for establishment having upto 100 employees - 90% of whom are earning less than Rs.15000 per month. 4 lakh establishments will be benefited by changing EPFO regulations due to the pandemic to allow non-refundable advance of 75% of the amount standing to the credit of a member or 3 months of wages - whichever is lower. This will benefits 4.3 crore employees registered under EPF.

Back to Learn

Frequently Asked Questions

Common questions about Coronavirus Economic Relief Measures in India.

The Pradhan Mantri Garib Kalyan Yojana is a relief measure under which 80 crore people are being provided with 5 KG of wheat or rice every month. Additionally, they will receive 5 KG of additional wheat or rice for the next 3 months for free, as well as 1 KG of pulse for each household for free over the next 3 months.

Farmers who are currently receiving Rs.6000 annually under the PM Kisan Yojana will have their first installment released, benefiting 8.6 crore farmers.

Under MGNREGA, 5 crore families will benefit as the wage rate is being increased to provide an additional income of Rs.2000.

A onetime amount of Rs.1000 will be paid in 2 installments over the next 3 months to 3 crore old-aged people, widows, and disabled persons.

Women Jan-Dhan account holders will receive Rs.500 per month for the next three months, benefiting 20 crore women.

Under the Ujjwala scheme, nearly 8 crore families who have benefited by getting gas cylinders will receive free gas cylinders for the next three months.

7 crore households operating self-help groups will be benefited by providing them with collateral-free loans of up to Rs.20 lakh.

For establishments having up to 100 employees, with 90% of them earning less than Rs.15000 per month, the government will pay both the employer's and employee's EPF contribution (24%) for the next 3 months. Additionally, 4.3 crore employees registered under EPF will be allowed to take a non-refundable advance of 75% of their EPF account balance or 3 months' wages, whichever is lower.

The government will provide a Rs.50 lakh medical health insurance cover for all healthcare workers in the frontline of the battle against Coronavirus, including Doctors, Nurses, Sanitation Workers, and others helping Coronavirus patients.

The government has worked to provide relief for various disadvantaged sections of society with a 1,70,000 crore scheme.