Leveraging on the JAM trinity established in the first term of the Modi Government, the centre has successfully transferred Rs 28,256 crore as financial assistance to the bank accounts of more than 30 crore poor people under the Pradhan Mantri (PM) Garib Kalyan Yojana which was announced to cushion the harsh impact of the nationwide lockdown on the vulnerable sections, reports Economic Times.
The PM Garib Kalyan Yojana had been announced by Union Minister for Finance Nirmala Sitharaman last month as a Rs 1.70 lakh crore relief package comprising both, cash doles and free food grains for the poor of the nation to mitigate their hardships.
Using the Direct Benefit Transfer (DBT) infrastructure, Rs 13,855 crore has been transferred to the accounts of nearly 6.93 crore farmers out of the eight crore farmers who have been enrolled under the PM-Kisan scheme as their first instalment of Rs 2,000 under the scheme.
Further, Rs 500 each have been transferred to the Jan Dhan accounts of as many as 19.86 crore women, totalling a sum to Rs 9,930 crore. About Rs 1,400 crore has also been transferred to the accounts of about 2.82 crore old age persons, widows and disabled persons under the National Social Assistance Programme.
Furthermore, as many as 2.16 crore construction workers have received a sum of Rs 3,066 crore from the Building and Construction Worker's Fund which is managed by the State Governments.
Comments ↓
An Appeal...
Dear Reader,
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.