Family pension will likely be given to dependants of those that died on account of COVID-19, the federal government stated at the moment. The pension will likely be underneath the Employees State Insurance Corporation (ESIC), the federal government stated in an announcement.
Children who’ve misplaced mother and father to Covid may also get a month-to-month stipend after turning 18, and a fund of Rs 10 lakh after they flip 23 from PM-CARES Fund, the Prime Minister’s Office stated at the moment. The kids will likely be assisted to get an training mortgage for larger training and PM-CARES pays the curiosity on mortgage.
“These schemes will help mitigate financial difficulties faced by the families,” Prime Minister Narendra Modi stated.
These advantages are along with the measures introduced underneath PM-CARES for kids.
PM Modi stated the federal government stands in solidarity with the households and efforts are being made to mitigate monetary difficulties that they could face.
Family Pension underneath ESIC and EPFO- Employees’ Deposit Linked Insurance Scheme will present a monetary cushion to these households who’ve misplaced their incomes member on account of COVID-19. GOI stands in solidarity with these households. https://t.co/ppfmf5Q66y
— Narendra Modi (@narendramodi) May 29, 2021
“…Dependent family members of such persons (who died of Covid) will be entitled to the benefit of pension equivalent to 90 per cent of average daily wage drawn by the worker as per the existing norms. This benefit will be available retrospectively with effect from 24.03.2020 and for all such cases till 24.03.2022,” the federal government stated within the assertion.
The insurance coverage advantages underneath the Employees’ Deposit Linked Insurance Scheme (EDLI) have been “enhanced and liberalised”. The quantity of most insurance coverage profit has been elevated from Rs 6 lakh to Rs 7 lakh.
“The provision of minimum insurance benefit of Rs 2.5 lakh has been restored and will apply retrospectively from 15th February 2020 for the next three years,” the federal government stated.
“To benefit families of contractual/casual workers, the condition of continuous employment in only one establishment has been liberalised, with benefit being made available to families of even those employees who may have changed jobs in the last 12 months preceding his/her death. Detailed guidelines of these schemes are being issued by the Ministry of Labour and Employment,” the federal government stated.
Most BJP dominated states have additionally introduced their very own schemes for Covid-affected kids, which incorporates stipend until the age of 18 in order that their guardians can maintain them. If there are not any guardians, the states will maintain them of their childcare centres, sources have stated.