
Battling the pandemic as it completes seven years in office, the Modi government Saturday said all children who have lost both parents, the surviving parent, legal guardians or adoptive parents to Covid-19 will receive financial assistance under the PM-CARES for Children’s scheme.
In another key decision, the government extended pension coverage under the Employees’ State Insurance Corporation (ESIC) scheme to all registered dependents of those who died due to Covid-19.
The PM-CARES will contribute through a specially designed scheme to create a corpus of Rs 10 lakh for each child when he or she reaches 18 years of age. This corpus will be used to give a monthly financial support or stipend, through a fixed deposit in the name of the child, from 18 years of age for the next five years to take care of his or her personal requirements during the period of higher education. On reaching the age of 23 years, he or she will get the corpus amount as one lump-sum for personal and professional use.
Meanwhile, the United States is closely monitoring India’s Covid challenge and will “respond positively to any Indian requirement,” US Secretary of State Antony Blinken is said to have assured External Affairs Minister S Jaishankar during a “productive discussion” Friday. This was their second interaction after their May 3 meeting on the sidelines of the G-7 Foreign Ministers’ meeting in London.
Sources said that the two discussed how ramped-up vaccine production in India can address both domestic needs and the imperatives of global public health. To that effect, India and the US will collaborate bilaterally, in the Quad format, and through multilateral initiatives, sources said.