PMGKY: What is Pradhan Mantri Gareeb Kalyan Yojana 2024?

Pradhan Mantri Gareeb Kalyan Yojana

Pradhan Mantri Gareeb Kalyan Yojana: A Comprehensive Overview – The PMGKY was announced by the Government of India in March 2020 to provide relief to the poor and vulnerable sections of society during the COVID-19 pandemic. The package included a number of measures, including free food grains, cash transfers, financial assistance to farmers, and wage increase for MGNREGA workers.

In response to the nationwide lockdown, the Union Finance Minister, Smt Nirmala Sitharaman, swiftly announced a comprehensive financial package of Rs 1.70 lakh crore under the Pradhan Mantri Gareeb Kalyan Yojana (PMGKY). This package was specifically designed to support frontline COVID-19 warriors and the welfare of the people during the pandemic.

The Government’s proactive approach included providing medical insurance coverage of Rs 50 lakh for approximately 20 lakh frontline COVID-19 warriors, such as Asha workers, sanitary workers, nurses, and doctors.

Pradhan Mantri Gareeb Kalyan Yojana

Interim Budget 2024-24: The Finance Minister said that the Government’s direct benefit transfer of Rs.34 trillion to PM-Jan Dhan accounts has resulted in savings of Rs.2.7 trillion.

Budget 2023-24: The Finance Minister announced a plan to provide free food grains to all priority and Antyodaya households for the upcoming year under PM Garib Kalyan Anna Yojana (PMGKAY).

Here is an overview of the Pradhan Mantri Garib Kalyan Yojana (PMGKY) in a table format:

What is Pradhan Mantri Gareeb Kalyan Yojana?

The Pradhan Mantri Gareeb Kalyan Yojana (PMGKY) is a comprehensive scheme launched by the Government of India in March 2020 to provide relief to the poor and vulnerable sections of society during the COVID-19 pandemic. The scheme encompasses a range of measures, including free food grains distribution, cash transfers, financial assistance to farmers, and wage increases for MGNREGA workers. Additionally, it includes medical insurance coverage for frontline COVID-19 warriors. The key focus of PMGKY is to ensure food security and financial support for those in need during these challenging times.

SchemeDescriptionBeneficiariesBenefits
Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY)Free food grains to poor households80 crore poor households5 kg of wheat or rice and 1 kg of preferred pulses per person per month for three months
Pradhan Mantri Jan Dhan Yojana (PMJDY)Cash transfer to women Jan Dhan account holders20 crore women Jan Dhan account holdersRs 500 per month for three months
Pradhan Mantri Kisan Samman Nidhi (PM-Kisan)Financial assistance to farmers12 crore farmersRs 6,000 per year in three installments of Rs 2,000 each
Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)Wage increase for MGNREGA workers13.62 crore familiesIncrease in MNREGA wage to Rs 202 a day from Rs 182
Insurance Scheme for Health WorkersInsurance cover for health workers fighting COVID-1920 lakh health workersInsurance cover of Rs 50 lakh per health worker

The PMGKY is a landmark scheme that has made a significant difference in the lives of the poor and vulnerable in India. The scheme has helped to reduce poverty, improve food security, and boost the rural economy. The PMGKY is a testament to the Government of India’s commitment to the welfare of the poor and vulnerable.

The financial package was structured into two main forms: food security-related measures and Direct Benefit Transfer (DBT). Here are the key highlights of the package:

Food-related relief measures:

  • Around 80 crore individuals under the Pradhan Mantri Gareeb Kalyan Anna Yojana were to receive an additional 5 kg of rice or wheat per person, along with 1 kg of preferred pulses for the next three months. This support was in addition to the regular allocation of 5 kg of rice or wheat per person per month, distributed in two installments.

Direct Benefit Transfer:

The package included specific announcements targeting various sections of the society:

Farmers: An additional Rs 2,000 (on top of Rs 6,000) was allocated to 8.69 crore farmers under the PM Kisan Samman Nidhi programme.

MNREGA workers: A wage increase of Rs 20 per day for 100 days was announced, benefiting 5 crore families.

Vulnerable Groups: 3 crore poor senior citizens, widows, and disabled individuals were to receive an ex-gratia amount of Rs 1,000 for the next three months.

Women with Jan Dhan accounts: Around 20 crore women under the Jan Dhan Yojana were allocated an ex-gratia amount of Rs 500 per month for the next three months.

Ujjwala Scheme beneficiaries: 8.3 crore Below Poverty Line (BPL) families with LPG connections under the Ujjwala scheme were to receive free LPG cylinders for the next three months.

Self-Help Groups: Women Self-Help Groups (SHGs) under the National Rural Livelihood Mission (NRLM) were granted collateral-free loans of Rs 20 lakh instead of Rs 10 lakh.

Organised Sector Workers: The Government of India decided to pay the EPF contribution for both employers and employees for the next three months, benefiting around 80 lakh employees and 4 lakh establishments.

Construction Workers: A welfare fund of Rs 31,000 crore was made available for 3.5 crore registered building and construction workers.

District Mineral Fund: State governments were directed to utilize the district mineral fund for medical testing, screening, and other COVID-19 related requirements.

Smt Nirmala Sitharaman emphasized that additional packages for the MSMEs and other sectors would be announced if necessary. The primary focus of the PMGKY was to ensure that the most vulnerable populations would not go hungry and would have sufficient resources during these challenging times.

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