PM-KISAN Current Affairs - 2020

42 Crore Citizens received Financial Aid of Rs 65,454 Crore under PMGKP

As per the data provided by the Union Finance Ministry on 20th June 2020,  through Pradhan Mantri Garib Kalyan Package (PMGKP), a total of 42 crore citizens across the country have received financial aid of Rs 65,454 crore to date. The amount was distributed in the 3 forms, :(i) Through Direct Benefit Transfer (DBT) to beneficiaries such as women Jhan Dhan account holders, senior citizens/differently-abled/widows registered under Below Poverty Line (BPL), farmers (PM-KISAN), etc (ii) Providing free foodgrains to all families registered as BPL cardholders, and (iii) by providing free LPG cylinder to women registered under Ujjwala Yojana.

Pradhan Mantri Garib Kalyan Package (PMGKP)

This package was announced by Finance Minister on 26th March 2020. The package was announced for providing economic support at the time of nationwide lockdown due to the Covid-19 pandemic for the financially weaker section of the society. A total of Rs 1.70 lakh crore was announced under the package.

Major Highlights from Rs 65,454 Crore Distribution

  • 8.52 Crore LPG cylinders distributed under Pradhan Mantri Ujjwala Yojana in April and May
  • In April,  113 lakh metric tonnes of food grains were lifted by all states and union territories in a combine
  • 5.8 lakh metric tonnes of pulses allocated for all states and union territories for distribution for 3 months from April to June
  • Rs 2814.5 crore provided to 2.81 crore beneficiaries (senior citizens, widows and differently-abled persons)
  • Rs 17,891 crore under first payment for the FY 2020-21 to PM-KISAN beneficiaries
  • In three separate installments, 20.62 crore women Jan Dhan account holders were credited with Rs 500 in each installment. A total of Rs 10,315 crore was transferred in each installment.

India-World Bank: Social Protection Response Programme

The World Bank and Government of India have signed agreement of 750 million USD recently. The World Bank has assured 1 billion USD assistance to accelerate India’s COVID-19 Social Protection Response Programme. It aims to protect vulnerable households that are impacted due to COVID-19 pandemic.

Highlights

The Social Protection Response Programme is to be implemented by the Ministry of Finance. The programme has increased the total commitment of the World Bank towards India from 1 billion USD to 2 billion USD. The World Bank announced a financial support of 1 billion USD in April 2020.

About the Programme

The programme is to be implemented in two phases. In the first phase, India is to implement the programme through Pradhan Mantri Garib Kalyan Yojana. This includes cash benefits under PM-KISAN, free cylinders under Ujjawala Scheme, additional food grains supply and free supply of food grains under Public Distribution System. Also, cash was deposited to women jan dhan accounts

During the second phase, additional cash is to be deposited through social protection delivery systems. This focused on local needs. The phase is to be extended to the states through the state governments.

The Government of India has recently launched the Atma Nirbhar Bharat Abhiyan under which Rs 20 lakh crores have been allocated to fight against COVID-19 and also to improve lives of the people.