Pradhan Mantri Garib Kalyan Yojana

PMGKY full form is Pradhan Mantri Garib Kalyan Yojana that was launched by the Government of India or GOI. It was an initiative to allow individuals to deposit money that has not been taxed and also provide medical insurance to Covid-19 warriors, which came into effect in the year 2016. Initially, this scheme was valid from December 2016 to March 2017 and was later extended to December 2020. Later, the Union Finance Minister, Smt. Nirmala Sitharam under Pradhan Mantri Garib Kalyan Yojana announced a package of Rs. 1.07 lakh crore as medical insurance coverage of Rs.50 lakh per person to around 20 lakh COVID-19 warriors.  

Therefore, the benefits of the Pradhan Mantri Garib Kalyan Yojana scheme was divided into the following two categories:

• Food Security, and

• Direct Benefit Transfer (DBT)

Now, under the Pradhan Mantri Garib Kalyan Yojana scheme, will discuss the PMGKY details mentioned above. Also, we will discuss what is Pradhan Mantri Garib Kalyan Yojana along with the Pradhan Mantri Garib Kalyan Yojana deposit scheme.

What is Pradhan Mantri Garib Kalyan Yojana?

From the above text, we understood the PMGKY full form and some of the PMGKY scheme details. Now, let us understand more about this scheme.

The scheme is an opportunity for people having hidden income in the form of cash or deposit in an account maintained with a specified framework that may include banks, or a post office, etc. to declare it fairly and pay tax, surcharge, and penalty totalling in all to 49.9 percent. of such declared income. 

Along with this, the Pradhan Mantri Garib Kalyan Yojana scheme asks for an obligatory deposit of not less than 25% (1/4th) of such income shall be made in the Pradhan Mantri Garib Kalyan Deposit Scheme, 2016 that has separately been identified by the Department of Economic Affair (DoEA).

• Food security: 

As part of food-related relief measures, the government to provide l 5 kg of rice or wheat along with one kg of preferred pulse every month to around 80 crore people till the end of November. This benefit will be in addition to the 5 kg of rice or wheat provided every month already.

• Direct Benefit Transfer

1. The advantage to farmers: Farmers will be given an extra amount of Rs.2,000 by the public authority as a front-load under the Kisan Samman Nidhi program. 

2. Expansion in daily wage: The daily pay of labourers under MNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) has been expanded to Rs.202 for the following 100 days. It is relied upon to help 5 crore families. 

3. Ex-gratia of Rs.1,000: The public authority will give 3 crore helpless senior residents, debilitated people, and widows ex-gratia of Rs.1,000 more than 90 days. 

4. Free LPG cylinders: Free LPG chambers will be accommodated the following three months to 8.3 crores BPL families that hold LPG associations under the Ujjwala plot. 

5. Ex-gratia (a type of favour made by the government to women without recognizing any legal obligation.) for women account holders: Around 20 crore women having their accounts under the Jan Dhan Yojana Scheme will get ex-gratia amount of Rs 500 for the following three months. 

6. Avoid collateral-free loans: Under National Rural Livelihood Mission (NRLM), 63 lakh ladies Self-Help Groups (SHGs) will actually want to profit security let loose credits to Rs.20 lakh. 

7. EPF advantage for labourers from the organization sector: For the following three months, the Government will pay the EPF commitment for both boss and worker (12% each). Foundations that have workers up to 100 with 90 percent of them drawing compensation beneath Rs.15,000 each month will be benefited from the move. The public authority likewise altered guidelines of EPFO to permit workers to profit non-refundable development of 90 days' compensation, or 75% of the absolute asset, whichever is lower. 

8. Usage of welfare and district mineral fund: The public authority has guided state governments to use government welfare and district mineral funds. While the government is taking necessary steps to safeguard the construction labourers, the district mineral fund is to be utilized for screening, testing, and different prerequisites to battle COVID-19.

What is Garib Kalyan Yojana?: Eligibility Criteria

A beneficiary availing of the PMUY scheme must fulfil the following eligibility criteria:

• An adult woman hailing from a poor family and not having an LPG connection in her household becomes eligible for the scheme under the expanded scheme besides existing categories, i.e., SECC 2011 list or in the following seven identified categories:

1. SC/ST households, 

2. beneficiaries of Gramin Pradhan Mantri Awas Yojana (PMAY), 

3. Antyodaya Anna Yojana (AAY), 

4. Forest dwellers, 

5. Most Backward Classes (MBC), 

6. Tea and Ex-Tea Garden Tribes, 

7. People residing in river Islands

So if a woman comes under the above category list, becomes an eligible beneficiary for the PMGKY scheme 2021.

Pradhan Mantri Garib Kalyan Yojana 2019: All you Need to know about PMGKY Scheme 

On 3rd August, PM Modi interacted with beneficiaries in Gujarat to discuss the following key points on the PMGKY scheme 2021:

204 LMT extra foodgrains will likewise be accommodated a time of additional 5 months to around 80 croreNFSA recipients with expected monetary ramifications of up to Rs 67, 266 Crore. 

Sadhvi Niranjan Jyoti’s reports state that "under PMGKAY scheme, during the year 2021 for the period of 7 months, starting from May till November 2021, around 278 lakh metric tons (LMT) foodgrains have been proportionately liberated from cost to roughly 80 Crore NFSA (National Food Security Act) recipients". 

Because of the COVID-19 pandemic, to battle, the monetary impact on poor people and the needy, PM Narendra Modi drove the government on 26 March 2020 report ₹1.7 lakh crore Pradhan Mantri Garib Kalyan Yojana (PMGKY). What do you think about PMGKY? Likewise, let us view the significant features declared by the FM Nirmala Sitharaman. 

1. In the midst of COVID-19 lockdown, the Government of India has reported Rs 20 lakh crore alleviation bundle under 'Atma Nirbhar Bharat Abhiyan' to make a confident country. For all foundations, EPF help with Rs 2,500 crore liquidity support. 

2. Pradhan Mantri Garib Kalyan Yojana (PMGKY) was initiated by the Government of India in 2016. Working citizens are offered a chance to do without indictment by revealing their illicit cash.

PMGKY Scheme 2021 Facts: Latest Announcements by Smt. Nirmala Sitharam

Below, you will find the latest announcements made by the Finance Minister

• For Building and Construction labourers: The central government has ordered the state government for building and construction workers to use funds of ₹31,000 crores to offer relief to them.

• PMGKY will also provide the transfers of cash to the poor and migrants.

• Under the PMGKY (food scheme) around 80 crores are people benefitted. Besides this, everyone will get 5 kg of wheat/rice for free of whatever they are already getting. Along with this, the government will provide 1 kg of a pulse of their choice to each household till November 2021 end. 

• Every year, through the PM-KISAN scheme, farmers are receiving ₹6000. Now, the government will give the first instalment upfront. As per the estimation, it is expected that about 8.69 crore farmers are expected will be benefitted immediately.