- PM Modi mentioned the extension of the PM Garib Kalyan Yojana to the end of November 2020 in his speech on June 30, 2020. He also mentioned that Rs. 31,000 crores had been deposited in the bank accounts of 20 crore poor families during the previous three months.
- Up to November 2020, free food grains were distributed to almost 80 crore poor people, each receiving 5 kg of wheat or rice and 1 kilogram of pulses.
- PMGKY’s extension cost Rs. 90 billion rupees.
- In response to the Covid-19 epidemic in India, the Finance Minister announced on March 26, 2020, a 1.7 lakh crore Garib Kalyan scheme to help the poor who were impacted by the coronavirus lockdown.
- The initiative’s initial validity period was from December 16, 2016, to March 31, 2017, and it was then extended until June 2020.
- The PMGKY gave an opportunity to secretly disclose unaccounted income and black money in order to escape prosecution after paying a fine of 50% of the undisclosed income. A further 25% of the undisclosed income is invested into the scheme, which is eligible for a four-year, interest-free reimbursement.
- The Union Government of India announced on June 1st, 2021, that it had already extended the “Pradhan Mantri Garib Kalyan Package (PMGKP) Insurance Scheme for Health Workers Fighting COVID-19” for a further year, effective on April 24, 2021.
Pradhan Mantri Garib Kalyan Yojana