Stanford paper hails India’s schemes that supported individuals throughout Covid
3 min readExpress News Service
NEW DELHI: A working paper ready by Stanford University and Institute for Competiveness highlights, launched on Friday, has hailed the India’s welfare schemes particularly Aatmnirbhar Bharat Rozgar Yojna and the Pradhanmantri Garib Kalyan Ann Yojna and others which curtailed the impact of COVID-19 by offering livelihood alternatives for the individuals.
The paper additionally highlighted the optimistic impression of a scheme referred to as the ‘Jan Dhan’ accounts, the PM Kisan and others. The report states that beneath PM Garib Kalyan Rozgar Abhiyan, 4 million beneficiaries had been offered employment which resulted in an general financial impression of US Dollar 4.81 billion whereas the ‘Aatmnirbhar Bharat Rozgar Yojna’ benefited about 59,84,256 beneficiaries with an financial impression of Rs 50,225 crore.
It states, “The relief package under the ‘Aatmnirbhar Abhiyan’ was a comprehensive package spanning across sectors with a vision to revitalize the growth cycle of the nation along with empowering the relatively the lower strata of society. In May 2020, India announced a relief package for around 10% of its GDP-about Rs 20 lakh crore(about $282 billion).”
Going deeper into research, the paper additional states that the federal government had not solely dealed with the issue of reverse migration but in addition maintain them in a approach by offering them with financial alternatives in order that livelihood might be ensured. It stated that beneath the PM Garib Kalyan Rozgar Yojna, 50.78 crore mandays had been created and offered contemplating that the scheme provided 125 days of employments for one individual to about 40,62,400 beneficiaries.
The paper, quoting the officers assertion of Government of India, has additional acknowledged that Rs 361 crore was spent beneath the Pradhan Mantri Matsaya Sampada Yojna benefiting over 8 lakh beneficiaries. The paper additionally dwelt upon the impression of the Kisan Credit card which included farmers, marginal farmers, sharecroppers, tenant farmers and others.
NEW DELHI: A working paper ready by Stanford University and Institute for Competiveness highlights, launched on Friday, has hailed the India’s welfare schemes particularly Aatmnirbhar Bharat Rozgar Yojna and the Pradhanmantri Garib Kalyan Ann Yojna and others which curtailed the impact of COVID-19 by offering livelihood alternatives for the individuals.
The paper additionally highlighted the optimistic impression of a scheme referred to as the ‘Jan Dhan’ accounts, the PM Kisan and others. The report states that beneath PM Garib Kalyan Rozgar Abhiyan, 4 million beneficiaries had been offered employment which resulted in an general financial impression of US Dollar 4.81 billion whereas the ‘Aatmnirbhar Bharat Rozgar Yojna’ benefited about 59,84,256 beneficiaries with an financial impression of Rs 50,225 crore.
It states, “The relief package under the ‘Aatmnirbhar Abhiyan’ was a comprehensive package spanning across sectors with a vision to revitalize the growth cycle of the nation along with empowering the relatively the lower strata of society. In May 2020, India announced a relief package for around 10% of its GDP-about Rs 20 lakh crore(about $282 billion).”
Going deeper into research, the paper additional states that the federal government had not solely dealed with the issue of reverse migration but in addition maintain them in a approach by offering them with financial alternatives in order that livelihood might be ensured. It stated that beneath the PM Garib Kalyan Rozgar Yojna, 50.78 crore mandays had been created and offered contemplating that the scheme provided 125 days of employments for one individual to about 40,62,400 beneficiaries.
The paper, quoting the officers assertion of Government of India, has additional acknowledged that Rs 361 crore was spent beneath the Pradhan Mantri Matsaya Sampada Yojna benefiting over 8 lakh beneficiaries. The paper additionally dwelt upon the impression of the Kisan Credit card which included farmers, marginal farmers, sharecroppers, tenant farmers and others.
