Free Edu, Health Insurance, Fixed Deposits & More: PM Modi Announces Benefits To Covid-Impacted Children

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New Delhi: In view of Coronavirus pandemic which has claimed as many as 3,22,512 lives within the nation and left a grieving impression on lives of 1000’s of kids, Prime Minister Narendra Modi has introduced a number of advantages to kids impacted by the present COVID Pandemic. 

PM Modi reportedly chaired an vital assembly to debate and deliberate on steps which may be taken to assist kids who’ve misplaced their mother and father because of Covid-19. During the dicussion, PM Modi stated that the nation will do every part attainable to assist and shield the kids who characterize the way forward for the nation. 

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“It is our duty, as a society, to care for our children and instil hope for a bright future. All children who have lost both parents or surviving parent or legal guardian/adoptive parents due to Covid 19 will be supported under ‘PM-CARES for Children’ scheme,” Prime Minister stated. 

He additionally added that the measures being introduced have solely been attainable because of the beneficiant contributions to the PM CARES Fund which is able to assist India’s combat towards COVID-19.

Benifits For Covid-Impacted Children

  • Fixed Deposit within the title of the kid:

As said by Prime Minister’s workplace in an official launch, the PM CARES will contribute by a specifically designed scheme to create a corpus of Rs 10 lakh for every youngster when she or he reaches 18 years of age. The PMO stated that this corpus shall be used to present a month-to-month monetary assist/ stipend from 18 years of age, for the subsequent 5 years to deal with his or her private necessities throughout the interval of upper training and on reaching the age of 23 years, she or he will get the corpus quantity as one lump-sum for private {and professional} use. 

  • School Education for kids underneath 10 years:

As per the announcement, the kid shall be given admission within the nearest Kendriya Vidyalaya or in a personal faculty as a day scholar. If the kid is admitted in a personal faculty, the charges as per the RTE norms shall be given from the PM CARES. Moreover, PM-CARES may even pay for expenditure on uniform, textual content books and notebooks.

  • School Education for kids between 11-18 years: 

The Prime Minister introduced that the kid shall be given admission in any Central Government residential faculty corresponding to Sainik School, Navodaya Vidyalaya and many others. In case the kid is to be continued underneath the care of Guardian/ grandparents/ prolonged household, then she or he shall be given admission within the nearest Kendriya Vidyalaya or in a personal faculty as a day scholar. PM CARES may even pay for expenditure on uniform, textual content books and notebooks. 

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  • Support for Higher Education: 

The launch said that the Covid impacted youngster shall be assisted in acquiring training mortgage for Professional programs / Higher Education in India as per the prevailing Education Loan norms. The curiosity on this mortgage shall be paid by the PM CARES. As another, scholarship equal to the schooling charges / course charges for undergraduate/ vocational programs as per Government norms shall be offered to such kids underneath Central or State Government Schemes. For kids who aren’t eligible underneath the prevailing scholarship schemes, PM CARES will present an equal scholarship. 

All kids shall be enrolled as a beneficiary underneath Ayushman Bharat Scheme (PM-JAY) with a medical insurance cowl of Rs. 5 lakhs. The premium quantity for these kids until the age of 18 years shall be paid by PM CARES.



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