{"id":1643,"date":"2020-05-15T00:21:03","date_gmt":"2020-05-14T18:51:03","guid":{"rendered":"https:\/\/www.parinitasharma.com\/?p=1643"},"modified":"2020-05-15T00:21:06","modified_gmt":"2020-05-14T18:51:06","slug":"%e0%a4%86%e0%a4%a4%e0%a5%8d%e0%a4%ae%e0%a4%a8%e0%a4%bf%e0%a4%b0%e0%a5%8d%e0%a4%ad%e0%a4%b0-bharat-part-2-poor-including-migrants-and-farmers","status":"publish","type":"post","link":"https:\/\/www.parinitasharma.com\/blog\/%e0%a4%86%e0%a4%a4%e0%a5%8d%e0%a4%ae%e0%a4%a8%e0%a4%bf%e0%a4%b0%e0%a5%8d%e0%a4%ad%e0%a4%b0-bharat-part-2-poor-including-migrants-and-farmers\/","title":{"rendered":"\u0906\u0924\u094d\u092e\u0928\u093f\u0930\u094d\u092d\u0930 Bharat Part-2 : Poor, including migrants and farmers"},"content":{"rendered":"\n

Direct Support to Farmers & Rural Economy provided post COVID<\/strong><\/p>\n\n\n\n

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 \u2022 3 crore farmers with agricultural loans of Rs. 4.22 lakhs crore availed the benefit of 3 months loan moratorium.<\/strong><\/p>\n\n\n\n

\u2022 Interest Subvention and Prompt Repayment Incentive on crop loans, due from 1 st March, extended up to 31st May, 2020<\/strong><\/p>\n\n\n\n

 \u2022 25 lakh new Kisan Credit Cards sanctioned with a loan limit of Rs. 25,000 cr.<\/strong><\/p>\n\n\n\n

 \u2022 63 lakh loans of Rs. 86,600 crore approved in Agriculture between 1.3.2020 to 30.04.2020.<\/strong><\/p>\n\n\n\n

\u2022 Refinancing of Rs.29,500 crore provided by NABARD, to Cooperative Banks & Regional Rural Banks in March,2020.<\/strong><\/p>\n\n\n\n

 \u2022 Support of Rs. 4,200 crore provided under Rural Infrastructure Development Fund to States during March, 2020 for rural infrastructure<\/strong><\/p>\n\n\n\n

 \u2022 Working capital limit of Rs. 6,700 crore sanctioned for procurement of agriculture produce to State Government entities since March, 2020 Liquidity Support to Farmers<\/strong><\/em><\/strong><\/p>\n\n\n\n

Liquidity Support to Farmers & Rural Economy provided post COVID<\/strong><\/p>\n\n\n\n

63 lakh loans of Rs. 86,600 crore approved in Agriculture between 1.3.2020 to 30.04.2020.<\/p>\n\n\n\n

\u2022 Refinancing of Rs.29,500 crore provided by NABARD, to Cooperative Banks & Regional Rural Banks in March,2020.<\/p>\n\n\n\n

 \u2022 Support of Rs. 4,200 crore provided under Rural Infrastructure Development Fund to States during March, 2020 for rural infrastructure<\/p>\n\n\n\n

 \u2022 Working capital limit of Rs. 6,700 crore sanctioned for procurement of agriculture produce to State Government entities since March, 2020<\/em><\/strong><\/p>\n\n\n\n

Support for Migrants and Urban Poor during last 2 months<\/strong><\/p>\n\n\n\n

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 \u2022 Government of India has permitted State Governments to utilise State Disaster Response Fund (SDRF) for setting up shelter for migrants and providing them food and water etc.<\/p>\n\n\n\n

\u2022 Central Government also released Rs 11002 crore of its contribution in advance to all States on 3rd April, to augment funds in their SDRF.<\/p>\n\n\n\n

 \u2022 Hygienically prepared three meals a day provided for the residents of Shelters for Urban Homeless (SUH) during the lockdown w.e.f March 28, 2020.<\/p>\n\n\n\n

 \u2022 12,000 SHGs have produced 3 crore masks and 1.20 lakh litres of sanitizers. This gave additional employment opportunity to the urban poor.<\/p>\n\n\n\n

\u2022 Disbursal of Revolving Fund (RF) to Self Help Groups was on-boarded on PAiSA Portal in April 2020 on a pilot basis in Gujarat and is now being rolled out across all the States in May 2020.<\/p>\n\n\n\n

\u2022 7,200 new Self Help Groups of urban poor have been formed during the period starting 15th March, 2020.<\/p>\n\n\n\n

\u00a0MGNREGS support to returning Migrants<\/strong><\/p>\n\n\n\n

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\u2022 14.62 crore person-days of work generated till 13th May 2020<\/p>\n\n\n\n

\u2022 Actual Expenditure till date is around Rs. 10,000 Cr<\/p>\n\n\n\n

\u2022 Work offered to 2.33 Crore wage seekers yesterday in 1.87 Lac Gram Panchayats \u2022 40-50% more persons enrolled, compared to May last year<\/p>\n\n\n\n

 \u2022 Average wage rate rose to Rs. 202 from Rs. 182 in last FY \u2022 Drive being undertaken to enroll returning migrants.<\/p>\n\n\n\n

\u2022 States\/UTs advised to provide works to migrant workers as per the provisions of the Act<\/p>\n\n\n\n

 \u2022 Planning for continuing MNREGA works in Monsoon as well: plantations, horticulture, livestock related sheds 5 Labour Codes – Benefits for Workers<\/p>\n\n\n\n

Labour Codes – Benefits for Workers<\/strong><\/p>\n\n\n\n

\u2022 Universalization of right of minimum wages and timely payment of wages to all workers including unorganized workers \u2013 presently minimum wages applicable to only 30% of workers.<\/p>\n\n\n\n

\u2022 Statutory concept of National Floor Wage introduced: will reduce regional disparity in minimum wages.<\/p>\n\n\n\n

 \u2022 Fixation of minimum wages simplified, leading to less number of rates of minimum wages and better compliance.<\/p>\n\n\n\n

\u2022 Appointment letter for all workers- this will promote formalization<\/p>\n\n\n\n

. \u2022 Annual Health Check-up for employees.<\/p>\n\n\n\n

 \u2022 Occupational Safety & Health (OSH) Code also applicable to establishments engaged in work of hazardous nature even with threshold of less than 10 workers.<\/p>\n\n\n\n

Labour Codes – Benefits for Workers<\/strong><\/p>\n\n\n\n

\u2022 Definition of inter-state migrant worker modified to include migrant workers employed directly by the employer, workers directly coming to destination State of their own besides the migrant workers employed through a contractor.<\/p>\n\n\n\n

\u2022 Portability of welfare benefits for migrant workers.<\/p>\n\n\n\n

\u2022 Extension of ESIC coverage pan-India to all districts and all establishments employing 10 or more employees as against those in notified districts\/areas only.<\/p>\n\n\n\n

 \u2022 Extension of ESIC coverage to employees working in establishments with less than 10 employees on voluntary .<\/p>\n\n\n\n

Labour Codes – Benefits for Workers<\/strong><\/p>\n\n\n\n

\u2022 Social Security Scheme for Gig workers and Platform workers.<\/p>\n\n\n\n

\u2022 Re-skilling fund introduced for retrenched employees.<\/p>\n\n\n\n

\u2022 All occupations opened for women and permitted to work at night with safeguards.<\/p>\n\n\n\n

 \u2022 Provision for Social Security Fund for unorganised workers.<\/p>\n\n\n\n

 \u2022 Gratuity for Fixed Tem Employment – Provision of gratuity on completion of one year service as against 5 years.<\/p>\n\n\n\n

Measures announced Yesterday<\/strong><\/p>\n\n\n\n

A number of measures were announced yesterday for Businesses in general and MSMEs in particular. The measures which will help all businesses are listed again for your understanding:<\/p>\n\n\n\n

\u2022 Rs 3 lakh crore Emergency Working Capital Facility for Businesses, including MSMEs<\/p>\n\n\n\n

\u2022 No Global tenders for Government tenders of upto Rs 200 crore<\/p>\n\n\n\n

 \u2022 Extending EPF Support for business and organised workers for another 3 months for salary months of June, July and August 2020 – will provide liquidity for workers in MSME and other Businesses<\/p>\n\n\n\n

 \u2022 EPF Contribution reduced for Employers and Employees for 3 months to 10% from 12% for all establishments for next 3 months for workers not covered by Govt support under PMGKP and its extension \u2013 will also help middle class employees – will provide liquidity for workers in MSME and other Businesses<\/p>\n\n\n\n

\u2022 Relief to Contractors given by extension of up to six months for completion of contractual obligations, including in respect of EPC and concession agreements<\/p>\n\n\n\n

 \u2022 Tax relief to business as pending income tax refunds to charitable trusts and non-corporate businesses and professions to be issued immediately<\/p>\n\n\n\n

\u2022 Reduction in Rates of \u2018Tax Deduction at Source\u2019 and \u2018Tax Collected at Source\u201d by 25% for the remaining period of FY 20-21 and Due Dates for various tax related compliances extended – will benefit all businesses.<\/p>\n\n\n\n

Free Food grain Supply to Migrants for 2 months<\/strong><\/p>\n\n\n\n

\u2022 Migrants in various states require food-grain assistance<\/p>\n\n\n\n

 \u2022 Migrants who are neither NFSA or State Card beneficiaries in the state they are stationed will be provided 5 kg of grains per person and 1 kg Chana per family per month for two months<\/p>\n\n\n\n

\u2022 About 8 crores migrants are expected to benefit.<\/p>\n\n\n\n

 \u2022 Rs. 3500 Crore will be spent on this intervention for 2 months<\/p>\n\n\n\n

 \u2022 Cost will be fully borne by Government of India<\/p>\n\n\n\n

\u2022 State Governments responsible for implementation, identification of migrants and full distribution and providing detailed guidelines. Technology Systems to be used enabling Migrant s to access Public Distribution System (Ration) from any Fair Price Shop in India by March 2021 – One Nation One Ration Card<\/strong><\/p>\n\n\n\n

\u2022 Migrant families are not able to access food in other states.<\/p>\n\n\n\n

\u2022 This scheme will enable a migrant beneficiary to access Public Distribution System from any Fair Price Shop in the country (Intra-State portability introduced in 20 States)<\/p>\n\n\n\n

\u2022 Part of the PM\u2019s Technology Driven System Reforms<\/p>\n\n\n\n

 \u2022 67 crore beneficiaries in 23 states covering 83% of PDS population will be covered by national portability by August, 2020<\/p>\n\n\n\n

 \u2022 100% National portability will be achieved by March, 2021<\/p>\n\n\n\n

\u2022 All the States\/UTs will complete full FPS automation by March, 2021 Migrant labour\/urban poor face challenges in getting houses at affordable rent.<\/p>\n\n\n\n

Government will launch a scheme under PMAY for migrant labour\/urban<\/strong><\/p>\n\n\n\n

poor to provide ease of living at affordable rent by,<\/p>\n\n\n\n

i. Converting government funded housing in the cities into Affordable Rental Housing Complexes (ARHC) under PPP mode through concessionaire;<\/p>\n\n\n\n

ii. Incentivizing manufacturing units, industries, institutions, associations to develop Affordable Rental Housing Complexes (ARHC) on their private land and operate; and<\/p>\n\n\n\n

iii. Incentivizing State Government Agencies \/ Central Government Organizations on the similar lines to develop Affordable Rental Housing Complexes (ARHC) and operate. Ministry will issue detailed guidelines.<\/p>\n\n\n\n

13 Affordable Rental Housing Complexes (ARHC) for Migrant Workers \/ Urban Poor<\/p>\n\n\n\n

 Rs. 1500 crores Interest Subvention for MUDRA-Shishu Loans<\/strong><\/p>\n\n\n\n

 \u2022 Small businesses under MUDRA have been disrupted the most & has also impacted their capacity to pay EMIs<\/p>\n\n\n\n

. \u2022 Loan moratorium has already been granted by RBI<\/p>\n\n\n\n

\u2022 The current portfolio of MUDRA-Shishu loans is ~ Rs 1.62 Lakh crore (Maximum loan amount of 50,000 Rs).<\/p>\n\n\n\n

 \u2022 Government of India will provide Interest subvention of 2% for prompt payees for a period of 12 months.<\/p>\n\n\n\n

\u2022 Relief of Rs 1500 cr to MUDRA-Shishu loanees<\/p>\n\n\n\n

Rs 5000 cr Special Credit Facility for Street Vendors<\/strong><\/p>\n\n\n\n

\u2022 Adverse impact on the livelihoods of the street vendors due to COVID-19<\/p>\n\n\n\n

 \u2022 Government will launch a special scheme within a month to facilitate easy access to credit to street vendors.<\/p>\n\n\n\n

 \u2022 Initial working capital up to Rs. 10,000.<\/p>\n\n\n\n

 \u2022 Digital payments will be incentivized through monetary rewards and enhanced working capital credit would be made available for good repayment behavior.<\/p>\n\n\n\n

 \u2022 Will support nearly 50 lakh street vendors<\/p>\n\n\n\n

\u2022 Will provide liquidity of Rs 5000 crores 15<\/p>\n\n\n\n

Rs 70,000 crore boost to housing sector and middle income group through extension of CLSS<\/strong><\/p>\n\n\n\n

\u2022 Credit Linked Subsidy Scheme for Middle Income Group (Annual Income: Rs 6\u201318 lakhs) was operationalized from May 2017.<\/p>\n\n\n\n

 \u2022 CLSS was extended up to 31st March 2020<\/p>\n\n\n\n

\u2022 Scheme has benefitted 3.3 lakh middle class families so far<\/p>\n\n\n\n

. \u2022 Government will extend the CLSS Scheme up to March 2021.<\/p>\n\n\n\n

 \u2022 2.5 lakhs middle income families will benefit during 2020-21<\/p>\n\n\n\n

 \u2022 Will lead to Investment of over Rs. 70,000 Crores in housing<\/p>\n\n\n\n

\u2022 Will create jobs<\/p>\n\n\n\n

 \u2022 Will stimulate demand for steel, cement, transport and other construction materials.<\/p>\n\n\n\n

Rs 6000 crore employment push using CAMPA funds<\/strong><\/p>\n\n\n\n

\u2022 There is need to create job opportunities for our citizens<\/p>\n\n\n\n

\u2022 Compensatory Afforestation Management & Planning Authority (CAMPA) set up under Compensatory Afforestation Fund Act, 2016<\/p>\n\n\n\n

 \u2022 Plans worth Rs 6000 crores will be approved shortly.<\/p>\n\n\n\n

 \u2022 Funds to be used by State Governments for<\/p>\n\n\n\n

– \u2022 Afforestation and plantation works, including in urban areas<\/p>\n\n\n\n

\u2022 Artificial regeneration, assisted natural regeneration<\/p>\n\n\n\n

 \u2022 Forest management, soil & moisture conservation works<\/p>\n\n\n\n

\u2022 Forest protection, forest and wildlife related infrastructure development, wildlife protection and management etc<\/p>\n\n\n\n

\u2022 Will create job opportunities in urban, semi-urban and rural areas.<\/p>\n\n\n\n

\u2022 Will create job opportunities for Tribals \/Adivasis<\/p>\n\n\n\n

\u2022 Inadequate financial resources with Small and Marginal Farmers<\/p>\n\n\n\n

\u2022 RRBs and Rural Cooperative banks are main source for credit<\/p>\n\n\n\n

\u2022 NABARD will extend additional refinance support of<\/p>\n\n\n\n

Rs. 30,000 crore for crop loan requirement of Rural Co-op Banks & RRBs.<\/strong><\/p>\n\n\n\n

\u2022 This is over and above Rs 90,000 crore to be provided by NABARD through the normal refinance route during this year<\/p>\n\n\n\n

\u2022 Front-loaded on-tap facility to 33 State Co-operative banks, 351 District Co-operative banks and 43 RRBs available on tap based on their lending<\/p>\n\n\n\n

. \u2022 To benefit around 3 crore farmers – mostly small and marginal farmers.<\/p>\n\n\n\n

\u2022 To meet post harvest (Rabi) & current Kharif requirement in May\/June Rs 30,000 crores Additional Emergency Working Capital Funding for farmers through NABARD Rs 2 lakh crore Concessional credit boost to<\/p>\n\n\n\n

 2.5 crore farmers through Kisan Credit Cards<\/strong><\/p>\n\n\n\n

\u2022 Special drive to be undertaken to provide concessional credit to PM-KISAN beneficiaries through Kisan Credit Cards<\/p>\n\n\n\n

\u2022 Fishermen and Animal Husbandry farmers will also be included in this drive.<\/p>\n\n\n\n

\u2022 This will enable such farmers to gain access to institutional credit at concessional interest rate<\/p>\n\n\n\n

 \u2022 2.5 crore farmers will be covered and will benefit from credit flow of about Rs 2 lakh crores<\/p>\n","protected":false},"excerpt":{"rendered":"

Direct Support to Farmers & Rural Economy provided post COVID  \u2022 3 crore farmers with agricultural loans of Rs. 4.22 lakhs crore availed the benefit of 3 months loan moratorium. \u2022 Interest Subvention and Prompt Repayment Incentive on crop loans, due from 1 st March, extended up to 31st May, 2020  \u2022 25 lakh new […]<\/p>\n

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