This package shall benefit migrant workers, street vendors and small farmers.
Key takeaways:
MGNREGS workers
₹10,000 crore has been spent in the last two months on creating man-days of work under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) to help migrant workers.
The work has been offered to 2.33 crore wage seekers till May 13.
About 40-50% more persons have been enrolled as compared to May last year.
Universal right to minimum wages and a national floor wage are reforms which will be considered in the coming future.
Migrant workers
Free foodgrains for an estimated eight crore migrant workers for next two months at a cost of ₹3,500 crore.
Migrant workers who do not have either Central or State Public Distribution System (PDS)card would get 5kg grains per person and 1kg of chana for two months.
PDS ration cards would be made portable, allowing migrant workers to use their ration cards across States.
This would benefit 83% of PDS beneficiaries, in 23 States by August.
This loan will cover requirements of rural co-op banks and regional rural banks. This would benefit mostly small and marginal farmers.
Important value additions:
The Credit Linked Subsidy Scheme (CLSS)
It is a benefit under the Pradhan Mantri Awas Yojana under which housing loan EMIs are reduced by over Rs. 2,000 per month by offering an interest subsidy.