Coronavirus: Doctors, paramedics in India get 50 lakh insurance cover

5 kg wheat or rice free for 3 months: Finance Minister

The "Prime Minister Gareeb Kalyan" scheme, worth Rs 1.7 lakh crore or slightly less than 1% of India's GDP, consists of two parts - food security and cash transfers. India's economy, already on a downward trajectory since past year, is set to suffer more pain as the shutdown disrupts economic activity - from airlines ailing due to travel restrictions to construction activities hitting brakes.

She said, "The government has been working so that does affected directly, particularly the poor and the disadvantaged be reached out to".

All government health centres, wellness centres and hospitals of Centre as well as States would be covered under this scheme and approximately 22 lakh health workers would be provided insurance cover to fight this pandemic.

This will help them by additional credit availability.

Finance minister Nirmala Sitharaman on Thursday announced a much-awaited relief package for India's poor and migrant workers, who have been hit hardest by the 21-day national lockdown that is aimed at tackling the COVID-19 pandemic.

The government has chose to provide a temporary three-month insurance cover of Rs 50 lakh for all frontline Covid health staff, including doctors, paramedics and health care workers. "Besides, 1 kg pulse available regionally will also be given for free to 80 crore people", the minister said. An additional 1kg pulse (acc to regional preference) will be given.

Further, farmers will get the first installment of PM Kisan Yojana as front load of Rs 2,000.

Ex-gratia amount of Rs.1000 in two installments over the next three months to poor senior citizens, poor widows, and poor among the disabled.

It would cover 8.7 crore farmers and Rs 16000 crores would be distributed to them.

Women Jan Dhan account holders to get Rs 500 per month for the next three months.

One of the benefits is free LPG cylinders for the next three months for 8.3 crore families below the poverty line.

Collateral-free loan doubled to Rs 20 lakh to 63 lakh women self-help groups; to impact 7 crore households. The move will benefit 70 million households.

A government document said that any health professional who while treating COVID-19 patients meets with some accident, then he/she would be compensated with an amount of Rs 50 lakh under the scheme.

For the organised sector, Govt of India will pay the EPF contribution both of the employer and employee (12% each i.e overall 24%) for the next 3 months.

This will be applicable to all those establishments having employed up to 100 employees and about 90% of which earn ₹15,000 per month, she added.

The FM said that the provident fund scheme regulations will be amended which will allow workers under EPFO to draw up to 75 per cent of their non-refundable advance or 3 months of wages, whichever is lower.

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