There is a large section of the social struggles through the nationwide lockdown. Indian Finance Minister Nirmala Sitharaman announced a package to protect poor peoples from the impact of the lockdown due to corona-virus.
As per the statements of Ministry of Finance “Around 39 crore poor people have received financial assistance of ₹ 34,800 crore under the Pradhan Mantri Garib Kalyan Package (PMGKP).”
On March 26 Ministry of Finance had already announced ₹ 1.70 crore under the PMGKP scheme before the Wednesday notification and the package included free food grains and cash payments to women, poor, senior citizens, and farmers.
The Ministry of Finance said in a statement that, “The implementation of the package is being continuously monitored by central and state governments. And The finance ministry, the concerned ministries, Cabinet Secretariat, and Prime Minister’s Office (PMO) is leaving no stone unturned to ensure that the relief measures reach the needy swiftly and in line with the intent of the lockdown.”
On 5th May 2020 ₹ 16,394 crore has been front-loaded towards payment of the first installment of PM-KISAN. Under the scheme, 8.19 crore identified beneficiaries got ₹ 2,000 directly in their accounts.
₹ 10,025 crore was credited to 20.05 crore (98.33 percent) women Jan Dhan account holders as the first installment and on 5th May 2020, ₹ 2,785 crore was credited to 5.57 crore women Jan Dhan account holders with the second installment.
₹ 1405 crore disbursed to about 2.82 crores old age persons, widows, and disabled persons by The National Social Assistance Programme (NSAP), and ₹ 3492 has been disbursed to building & construction workers.
Total 5.09 crore Pradhan Mantri Ujjwala Yojana (PMUY) cylinders have been booked so far and 4.82 crore PMUY free cylinders have been already delivered to the beneficiaries.
Around 16 LMT of foodgrains have been distributed, covering 60.33 crore beneficiaries by 36 States/UTs for April 2020.
Besides, 67.65 Lakh MT of food grains have been lifted by 36 States/UTs for April 2020. 9.6 lakh members of Employees’ Provident Fund Organisation (EPFO) has taken the benefit of online withdrawal of non-refundable advance from EPFO account amounting to ₹ 2,985 crores.
As per the statement of the Ministry of Finance said that “2.42 LMT of Pulses have also been dispatched to various states/UTs. Pulses have been distributed so far to 5.21 crore household beneficiaries out of 19.4 crore such beneficiaries.
Further ₹ 21,032 crore released to states to liquidate pending dues of both wages and material. Increased rate for workers under the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) has been notified effective April 1.”
According to the statement, the government attributed fintech and digital technology for swift and efficient transfer to the beneficiary, without the need for the beneficiary to physically go to the branch.
Direct benefit transfer to the beneficiary, eliminates leakage, and improves efficiency, has been employed. This has ensured credit to the beneficiary’s account without the need for the beneficiary to physically go to the branch.