AtmaNirbhar Bharat Package

Relevance: Prelims: Polity: Governance

Prime Minister Narendra Modi has announced a special economic ...

Why in news?

Cabinet gave its ex-post facto approval to the ‘Atma Nirbhar Bharat Package for allocation of foodgrains from Central Pool to approximately eight crore migrants.

Key highlights:

• Five kg per person per month for two months that is May and June 2020 will be given to migrants free of cost.

• It would entail an estimated food subsidy of about Rs. 2,982 crore.

• The Cabinet also decided to bear the expenditure towards intra-state transportation and handling charges and dealer’s margin about Rs. 127.25 crore which will be borne fully by the Central government.

• Accordingly, the total subsidy from the Government of India is estimated at about Rs. 3,109 crore.

• The allocation will ease the hardships faced by migrant and stranded migrants due to economic disruption caused by COVID-19

 

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