The Finance Ministry has allocated Rs 5 billion to be spent at the local level in order to provide monetary incentives to disadvantaged families.
On Tuesday, the Ministry of Finance approved a budget for the distribution of cash incentives to impoverished households impacted by the Covid-19 pandemic, according to a press release.
500,000 low-income households will receive cash grants of Rs10,000 apiece, according to Finance Secretary Madhu Kumar Marasini, who stated that the Ministry has given consent to send Rs 5 billion to the local level to fund the program.
In order to provide cash incentives to low-income families, the Ministry has granted Rs 5 billion in funding. “Now that the decks have been cleared, it is up to the local level to deliver funds to the needy families,” he explained. ”
A program to offer financial grants of Rs 10,000 apiece to 500,000 poor households impacted by the Covid-19 outbreak was included in the current fiscal year’s budget, according to the government.
The government has previously developed working procedure 2078 for the distribution of monetary incentives to impoverished families who have been affected by Covid-10 in order to ensure the continuation of the same program.
According to the working method, those who wish to participate in the program should be workers in the unorganized sector who have lost their jobs as a result of the epidemic and have not found new employment.