Assistance of 2000 + 1000 + 500 for farmers + laborers + poor and women in the month of May Find out when you will get it
Newsom also instructed the California Public Utility Commission to monitor how utilities are protecting customers from power, water, cell phone and internet shutoffs. Already the state’s largest power utilities, serving more than 21 million Californians, have voluntarily done so. Comcast is providing 60 days of free basic internet service to new customers.
Centre will pay the EPF contributions for both of the employer and the employers for the next three months. Both employers and employees contribute 12 per cent each to the EPF account of the employee. This is for establishments which have up to 100 employees, 90 per cent of whom are earning less than Rs 15,000 per month. This will benefit 80 lakh employees and incentivise 4 lakh establishments.
Centre has come out with an Rs 1.7 lakh crore economic package to help the poor tide over the impact of national coronavirus lockdown. Finance Minister Nirmala Sitharaman has announced a slew of measures to help poor people, health workers, employees and poor women mitigate the crisis. Sitharaman said that the government intends to ensure food security for these people and put money in their hands.
NEW DELHI : India rolled out a ₹1.7 trillion relief package, amounting to about 1% of its gross domestic product, marking an aggressive attempt to limit the economic damage caused by the coronavirus outbreak and tackle the loss of livelihood of millions of poor hit by an unprecedented 21-day nationwide lockdown.
Asked if more such measures are expected, Sitharaman said the latest announcements are for those who require help immediately. “As things develop, we will come back,” she added. However, Sitharaman did not say whether the ₹1.7 trillion is fresh money being pumped into the economy or has been earmarked through recalibration of existing schemes.
Finance Minister Nirmala Sitharaman had announced Rs 1.70 lakh crore relief package last month, days after a nationwide lockdown was announced to check the spread of coronavirus disease Covid-19. In the package, the government announced free foodgrain and cash doles to women, poor senior citizens and farmers to mitigate hardship faced due to the 21-day lockdown.
About a quarter of California employees do some work from home, according to Census data. But workers in retail, service, manufacturing, agriculture and transportation simply can’t take their work home with them.
Aditi Nayar, principal economist at Icra Ltd, said the announcements related to cash transfers appear to be relatively modest at this stage. “Accordingly, we now expect the impact of social distancing and the lockdowns to limit GDP growth to 2.4% in Q4 FY2020 and a marginal 0.5% in Q1 FY2021, despite the support from government spending. As a result, we expect the annual GDP growth to ease from 4.4% in FY2020 to 4.2% in FY2021,” she added.
The government has also announced a medical insurance cover of Rs 50 lakh per person for the 20 lakh front line health workers fighting Covid-19. This will include Asha (accredited social health activists) workers, sanitary workers, paramedics, nurses and doctors.
New Delhi: The Narendra Modi government Thursday announced a Rs 1.7 lakh crore relief package, including cash transfers and free foodgrains, for the poor and migrant workers who have been hit the hardest by the Covid-19 lockdown and the ensuing halt in economic activity.
Jan Dhan: As many as 19.86 crore women Jan Dhan account holders received Rs 500 each in their account. The total disbursement under the head was 9,930 crore, the finance ministry said.