Coronavirus | Govt hikes MGNREGA wages by Rs 2,000/worker, offers sops to farmers

The government will front load the first installment under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, whereby farmers receive Rs 6,000 per annum

March 26, 2020 / 04:38 PM IST

Finance Minister Nirmala Sitharaman on March 25 announced that the Centre is considering increasing wages under the National Rural Employment Guarantee Act, 2005 (MNREGA) by Rs 2,000 per worker.

The wage will benefit five crore families, she said.

The government will front load the first instalment under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, whereby farmers will receive Rs 6,000 per annum.

"Around 8.69 crore farmer will get immediate benefit out of this," said Sitharaman.

Among other measures, Sitharaman also announced Prime Minister Gareeb Kalyan Scheme of Rs 1.70 lakh crore, for which the measures, include Rs 50 lakh insurance cover for all frontline medical 'warriors', Sitharaman said. The Scheme will be in two silos - one food related and one for cash transfer - largely under direct benefit transfer (DBT), she added.


COVID-19 Vaccine

Frequently Asked Questions

View more
How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

View more
"The government announces the Prime Minister Gareeb Kalyan Anna Yojana for 80 crore people, which is 2/3rd of the population," she said.

The finance minister announced, "each person will get 5 kg of rice or wheat (as per choice) over and above the existing 5 kg of rice/wheat being given."

"Besides this, 1 kg of pulse/dal (as per regional preferences) will also be given per household so that no gareeb remains without food," Sitharaman added.

"These can be availed in two installments," she added.
 For more updates, click here....
Moneycontrol News
first published: Mar 26, 2020 02:10 pm

stay updated

Get Daily News on your Browser