PROGRESSIVE RATIONALIST

Govt. has come up with Garib Kalyan Rojgar Abhiyan (Poor Welfare Employment Scheme) to provide employment in rural areas and reduce the financial stress created due to the nationwide lockdown. The scheme is  a merger of 25 govt schemes including housing scheme, providing drinking water through taps, road construction etc. and govt has planned to implement it in 116 districts across 6 states (Bihar, Madhya Pradesh, Jharkhand, Odisha, Rajasthan and Uttar Pradesh) . The CG has fixed 125 days target to implement the scheme and a total of 6.7 million guest workers to be provided works in house construction, rural infrastructure development, Anganwadi construction etc (that are a part of 25 govt schemes merged in GKRA) according to their skillset. The Garib Kalyan Rojgar Abhiyan is a part of the relief package of 20 Lakh crores announced by the govt last month. The budget of the scheme is 50,000 crores and FM announced on June 18,2020 that the funds will be drawn from the 61,500 crore...

For First, Second and Third tranche See: Twenty lakh crores stimulus package – such a big number The Indian Finance Minister announced the final Fifth tranche of the Atmanirbhar Bharath Abhiyaan Stimulus package on May 17. She has announced many sectoral reforms in her fourth and fifth tranche announcements. Also, she gave the breakup for 20 lakh crores including liquidity, credit guarantee and direct spending. What is the urgency for the sectoral reforms during this pandemic? Does the package is really capable of reviving the economy and helping the situation of distress experienced by the poor, migrant workers etc? Reforms in the core sectors FM announced reforms for the 8 core sectors of the economy in the fourth tranche of the financial stimulus package. The core sectors include Atomic energy, space, Defence, Ordinance factories, Power distribution companies, civil aviation, Minerals and Coal. FM announced there will be Public-Private Partnership in Atomic energy, space and civ...