• CCI AD FROM 5th April 2021

Synopsis of Finance Minister’s Press Conference on 26.3. 2020

Circular No.ES/290/2019-20                                      28th March, 2020


To: Members of the Council


Sub.: Synopsis of Finance Minister’s Press Conference on 26.3. 2020

Dear Member, 

 We would like to inform you that the Hon’ble Finance Minister, Smt Nirmala Sitharaman in a Press Release on 26th March, 2020 has announced a relief package to fight the economic stress from the COVID-19 virus.


A synopsis of the announcements is given below: -

1.     Insurance Cover

Rs. 50 Lakh Insurance Cover for Doctors, Sanitation Worker, Para Medical Staff

2.     Food Benefits

  • Pradhan Mantri Garib Kalyan Anna Yojana (80 Crore people)

--- Additional 5 kg wheat or rice free for next three months

--- Additional 1 kg of pulse free for next three months

--- Can be taken in two instalments

--- Package costing Rs. 1.70 Lakh Crore

3.     Direct Benefit Transfer


  • Rs. 2,000 in April 1st Week (8.70 Crore Farmers will get this benefit)



  • Increase in Wages Rs. 2000 per person (5 Crore Families) 


Poor Widows, Pensioners, Divyangs

  • Ex-gratia Rs.1000 in two instalments (3 Crore senior citizen, poor widows and poor divayang)


Woman having Jan Dhan Yojana

  • Ex-gratia of Rs.500 per month for next  three months (20 Crore Women)


Ujwala Scheme 

  • Free cylinders for next three months (8.3 Crore BPL Families)


Woman Self Help Groups 

  • Loan upto Rs. 20 Lakh without collaterals (7 Crore household)


Organised Sector Workers

  • Government will pay EPF Contribution for Employer and Employee for next three months (For establishment having upto 100 employees and of these 100 employees, 90% employee earn less than Rs. 15 Thousand)

  • Non Refundable EPF Withdrawal allowed upto 75% of their balance or 3 months’ wages, whichever is low) (4.8 Crore workers will get benefit)

Construction Workers  

  • Instruction to State Governments for using Labour Welfare Fund which has Rs. 30K Crore (Benefit will flow to 3.5 Crore registered workers)


District Mineral Funds 

  • Request to State Government to use District Mineral Funds

Members may kindly make a note of the above. 

 Thanking you,


Yours faithfully,