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FM Nirmala Sitharaman to address media at 1 pm 26 March
Rs 1.7 lakh crore economic package: FM

looks like a targeted to the most impacted sections

Slightly higher than rumored number yesterday
Insurance cover for health care workers and emergency service employees

medical insurance cover of Rs 50 lakh per health worker.
benefts 20 lakh employees
80 crore poor people (~ 2/3rd of India's population)
to get 5 kgs extra wheat or rice to be given per free to each person
(ie. doubling the offtake from 5kg earlier to 10 kg now)

Also, 1 kg of pulse (dal) given free for each family
besides food transfer,
cash transfer also announced
based on DBT (direct benefit transfer)
for farmer, MGNREGA, widows, pensioners, handicapped, women with Jan Dhan yojana, organizsed thro EPBA, constuction etc.

looks targeted approach
Farmers get Rs 6,000/yr
2,000 Rs to be paid on 1st week of Apr
- no increase; timing advanced

MGNREGA
wage increase..
but are we doing MGNREGA in times of "social distancing" and lockdown?
widows, pensioners, handicapped
to get Rs 1,000 in 2 installment over next 3 months

Govt is cash strapped? Looks paltry but guess this is not for the twitterati?

hopefully no paperwork for 500 rs payments in 2 sets!
women in Jhan dhan/ujwala
to get 500 rs/month for 3 month

this looks paltry to many sections. Not sure how much of the needle it moves
free gas cylinders
collateral free loans up to 20L (vs 10L earlier)

lots of small benefits...
i keep getting underwhelmed by these speeches
Centre will pay the EPF contribution both, of the employer and of the employee (12 percent each) for the next three months.
Centre will pay the EPF contribution both, of the employer and of the employee (12 percent each) for the next three months.

Condition: Is less than 100 employee
and if 90% have salaries less than 15,000/month

the conditions make it very limiting
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