PM-CARES for Children for empowerment of COVID-19 affected kids – All you need to know

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New Delhi: As the nation grapples COVID-19 surge, Prime Minister Narendra Modi on Saturday (May 29, 2021) chaired a gathering to focus on and deliberate on steps that may be taken to assist youngsters who’ve misplaced their mother and father due to the virus. 

During the assembly, PM Modi introduced a quantity of advantages for youngsters impacted by the coronavirus pandemic and mentioned that all such kids who’ve misplaced each mother and father or surviving mother or father or authorized guardian/adoptive mother and father due to the deadly virus can be supported underneath the ‘PM-CARES for Children’ scheme.

He emphasised that youngsters characterize the long run of the nation and the nation will do all the pieces doable to assist and defend them in order that they develop as sturdy residents and have a vibrant future. 

Prime Minister Modi mentioned that in such attempting instances it’s our responsibility, as a society, to care for our youngsters and instil hope for a vibrant future. 

He added that the measures being introduced have solely been doable due to the beneficiant contributions to the PM CARES Fund which can assist India’s struggle towards COVID-19.

All you need to know about PM CARES for Children:

1. Fixed Deposit within the title of the kid:

The Prime Minister’s Office (PMO) mentioned that the PM CARES will contribute by means of a specifically designed scheme to create a corpus of Rs 10 lakh for every youngster when she or he reaches 18 years of age. This corpus can be used to give a month-to-month monetary assist/stipend from 18 years of age, for the subsequent 5 years to take care of his or her private necessities through the interval of greater schooling 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.
 
2. School schooling for youngsters underneath 10 years:

According to the Prime Minister’s Office, the kid can be given admission to the closest Kendriya Vidyalaya or in a non-public college as a day scholar. If the kid is admitted in a non-public college, the charges as per the RTE norms can be given from the PM CARES. The PM-CARES may also pay for expenditure on the uniform, textbooks and notebooks.
 
3. School schooling for youngsters between 11-18 years:

The Prime Minister’s Office acknowledged that the child can be given admission in any Central Government residential college akin to Sainik School, Navodaya Vidyalaya and so forth. In case the kid is to be continued underneath the care of a guardian, grandparents or prolonged household, then she or he can be given admission to the closest Kendriya Vidyalaya or in a non-public college as a day scholar. If the kid is admitted to a non-public college, the charges as per the RTE norms can be given from the PM CARES. Accordingly, the PM CARES may also pay for expenditure on the uniform, textbooks and notebooks.

4. Support for greater schooling:

The youngster can be assisted in acquiring schooling mortgage for skilled programs and better schooling in India as per the present Education Loan norms, the PMO mentioned. The curiosity on this mortgage can be paid by the PM CARES. “As an alternative, scholarship equivalent to the tuition fees/course fees for undergraduate or vocational courses as per Government norms will be provided to such children under Central or State Government Schemes. For children who are not eligible under the existing scholarship schemes, PM CARES will provide an equivalent scholarship,” the PMO added.

5. Health insurance coverage:

The PMO knowledgeable that each youngster can be enrolled as a beneficiary underneath the Ayushman Bharat Scheme (PM-JAY) with a medical insurance cowl of Rs 5 lakhs. The premium quantity for these youngsters until the age of 18 years can be paid by PM CARES.
 





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