COVID-19: FM announces relief packages



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In response to the COVID-19 outbreak, the Finance Minister has announced a substantial Rs 1.7 lakh crore financial relief package. Key measures include medical insurance cover for health workers, cash transfers and free food rations for the poor and migrants, upfront payments for farmers, and wage increases for daily wage earners. Additional support is being provided to senior citizens, widows, 'divyangs', women Jan Dhan account holders, and families below the poverty line.

In the view of the COVID-19 outbreak, the FM announced various relief packages in her press conference today. Amongst the many announcements that she made today, the FM announced relaxation in the EPF rules. Here are the announcements made by the Finance Minister. Applicable: w.e.f. 01st day of April 2020 1. Rs. 1.7 lakh crore financial package. The Prime Minister Gareeb Kalyan Scheme will be of Rs 1.7 lakh crore. 2. FM has announced medical insurance cover of Rs 50 lakh per health
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Company Secretary

Company Secretary having 8+ years of post qualification experience in the Compliance Management Services industry by serving Corporates including Listed Companies, Corporate Secretarial Firms and LLP. Have a keen interest in the Corporate Governance and Compliance Management and the soaring craving to learn everyday. A ... Read more

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