| Aspect | Details |
|---|---|
| Launched | March 26, 2020 |
| Objective | To provide immediate relief to the poor and vulnerable during the COVID-19 pandemic lockdown |
| Ministry | Ministry of Finance, with coordination from multiple ministries |
| Initial Outlay | ₹1.70 lakh crore (later extended and expanded in phases) |
A. PM Garib Kalyan Anna Yojana (PMGKAY)
B. Direct Benefit Transfers (DBT)
| Target Group | Benefit |
|---|---|
| Women Jan Dhan account holders | ₹500/month for 3 months |
| PM-KISAN farmers | ₹2,000 as 1st installment |
| Senior citizens, widows, disabled | ₹1,000 in two installments |
| Ujjwala beneficiaries | Free LPG cylinders for 3 months |
C. Wage & Employment Measures
D. EPF Support
E. Insurance for Health Workers
| Metric | Outcome |
|---|---|
| Free Ration | Over 80 crore people benefited |
| DBT Transfers | Reached 40+ crore beneficiaries |
| Women Empowerment | Over 20 crore Jan Dhan women got financial help |
| Rural Employment | Increased MGNREGA demand and wages |
Ask Anything, Know Better
July 10 WHAT? Various Poverty alleviation schemes have been launched in India since Independence. Poverty alleviation requires an attempt to provide people with food, shelter, job and many other facilities to bring them out of deprivation. A summary is below. Employment Generation Schemes Scheme Year Key Features MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) 2005 Guarantees 100 days of wage employment in rural areas; legal entitlement. Swarna...
June 08 SUMMARY The article from The Economic Times, published on June 8, 2025, titled "270 million Indians out of extreme poverty list: World Bank," reports a significant decline in India’s extreme poverty rate based on updated World Bank data. Key points Poverty Reduction: India’s extreme poverty rate dropped from 27.1% in 2011-12 to 5.3% in 2022-23, lifting approximately 269 million people (from 344.47 million to 75.24 million) out of extreme poverty over this...
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