Covid-19: Centre to pay employer, employee's PF contribution for 3 months

Coronavirus in India Live Updates Indian Railways suspends all passenger operations till April 14

Coronavirus in India Live Updates Indian Railways suspends all passenger operations till April 14

The scheme is to benefit 20 lakh, such workers.

The finance minister also announced more relief under the existing Ujjwala scheme. This would cover 8.7 crore farmers and Rs 16,000 crore would be distributed to them. "With a deep sense of gratitude, I announce that all medical staff, Aasha workers, paramedics, doctors, and nurses, will get this insurance", Sitharaman said. Rs 3,000 crore has been allocated for the same.

Finance Minister Nirmala Sitharaman addressing to the media in New Delhi said that Women Jan Dhan account holders will get Rs 500 per month for the next three months.

Sources told Reuters news agency the government is likely to increase its 2020-21 planned borrowing of 7.8 trillion rupees ($102bn) and it has asked its central bank to directly buy part of these bonds - a move not undertaken by the Reserve Bank of India (RBI) in decades.

Three gas cylinders would be provided during this period. Rs 13,000 crore will be allocated for this.

This benefit is for establishments that have up to 100 employees and 90 per cent of whom are earning less than 15,000 a month.

The Centre will also contribute 24 per cent towards EPF for firms with more than 100 employees for the next three month.

This would prevent disruption in their employment. It is expected to benefit eight crore poor families.

The fund will be available though the Prime Minister Garib Kalyan Scheme. Around 8.69 crore farmers will benefit immediately through this, she said.

21-year-old woman with no underlying health conditions dies, family reveal
He was 37 and had been with the Foreign Office since 2008. "He was kind, amusing and generous". Chloe Middleton is believed to be the UK's youngest victim with no existing medical issues.

Each one of them would be provided double of their current entitlement over next three months.

GOI will bear entire expenditure of Rs 40,000 crores spent for this goal. Besides, one kg of pulse for each one household will also be given.

But some economists said the plan may not be enough to support the country, and the lockdown could cost India dearly in terms of economic growth.

GOI will be spending Rs.5,000 crores for this objective.

The wages of MGNREGA workers has been increased from Rs. 182 to ₹202 per day.

Approximately, Rs 5,600 Crores will be spent for this goal.

Sitharaman also announced that the government amend the Provident Fund (PF) schemes regulation to allow withdrawal of non-refundable advance of up to 75 per cent of the amount or three months' wages, whichever is lower. While the wage hike works to nearly 11 per cent, Sitharaman said it would benefit approximately 13.62 crore families and the government would spend around Rs 5,600 crore for this goal.

Eighty crore poor people will get 5 kg rice or wheat for three months for free.

Recommended News

  • Streaming and internet companies to reduce quality of content to unclog networks

    Streaming and internet companies to reduce quality of content to unclog networks

    In a statement , YouTube said the move is meant "to do our part to minimize stress on the system during this unprecedented situation".
    COVID-19 traces found in cruise ship 17 days after passengers disembarked

    COVID-19 traces found in cruise ship 17 days after passengers disembarked

    Of the 256 Canadians aboard the Diamond Princess, more than 40 tested positive for the virus and were taken to hospital in Japan. The findings showed that the virus survived on surfaces for far longer than was originally believed.

    How Healthcare Providers Can Reduce Insurance Claim Denials

    And, it’s important to account for the time and effort spent by administrative staff handling these denied claims. They also have the potential to adversely affect patients’ opinions about the organization.
  • Vancouver's Haro Park Centre COVID-19 cases spike to 55

    Vancouver's Haro Park Centre COVID-19 cases spike to 55

    Henry also announced that another person who contracted the virus at the Lynn Valley Care Cenre in North Vancouver has died. On personal protective equipment, Henry said the province is in "a critical phase". "This happened quite quickly".
    Crystal Palace Wetherspoons graffitied with

    Crystal Palace Wetherspoons graffitied with "pay your staff"

    They need to pay rent and buy food, and because of the low wages he's always paid them, they will not have savings to depend upon. In a video message to staff, Martin revealed that Wetherspoon would be relying on a government grant to pay workers.

    Why Is PrepAway Considered to Be the Best Platform for Exam Dumps?

    However, it’s not easy to tell which one of those sources offers authentic exam dumps that will help you pass your test. All you need to do is to identify the best site for exam dumps, and you will pass your certification test with flying colors.
  • Formula One 'Fully Expect' Season To Start With Revised Calendar

    Formula One 'Fully Expect' Season To Start With Revised Calendar

    F1 has in the past week made a series of changes to try to put itself in the best possible shape once racing can resume.
    Spain overtakes China as coronavirus death toll soars

    Spain overtakes China as coronavirus death toll soars

    As of Wednesday, China has confirmed 3,285 deaths and 81,661 total infections, according to data from Johns Hopkins University . Health officials in Spain said Wednesday that the country's death toll from the COVID-19 pandemic surpassed China.

    The US Open Final: Who Will Make it?

    The 34-year-old Swiss won the first two sets 6-4 and 7-5, forcing an injured and struggling Djokovic to retire in the third. If she’s at her best, then she’ll make it to the final and if she performs on the day the title will be hers.
  • Drew Bress committing $5 million to State of Louisana

    Drew Bress committing $5 million to State of Louisana

    Drew Brees is an incredible football player, the greatest New Orleans Saint of all time, but he's a better human being. Brees is doing everything in his power to help children, seniors, and families in need to get through this situation.
    IPhone 12 reportedly 'delayed for months'

    IPhone 12 reportedly 'delayed for months'

    Apple is supposedly waiting and watching until May before it makes a final decision on the timetable for the iPhone 12 launch. Apple's iPhone 12 family was widely expected to launch this September, following the company's usual release strategy.
    Oprah gets Idris Elba and his wife to divulge their love pact

    Oprah gets Idris Elba and his wife to divulge their love pact

    Cardi B recently admitted she thought high-profile figures were being paid to say they had tested positive. Elba and his wife tested positive for the virus earlier this month and have been in quarantine since.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.