PM Modi Announces Financial Aid For Children Orphaned By COVID-19

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In a major relief announcement extending much-needed support for the children who have lost their parents due to COVID-19, Prime Minister Narendra Modi on May 29 approved a slew of measures under the PM-CARES for Children scheme, including free education and an amount of 10 lakh rupees on attaining the age of 23, among others.

The Prime Minister chaired an important meeting to discuss and deliberate on steps that need to be taken to support children who have been orphaned due to COVID-19.

The PM emphasised that children represent the future of the country and the country will do everything possible to support and protect the children so that they develop as strong citizens and have a bright future.

He stressed that in such trying times, 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 or adoptive parents due to COVID-19 will be supported under PM-CARES for Children scheme.

Under the PM-CARES for Children scheme, a contribution will be done through the PM CARES Fund till the age of 18 years to create a corpus of 10 lakh rupees for each child orphaned due to COVID-19.

The beneficiary will be given a monthly stipend for five years from 18 years of age till he completes 23 years.

On attaining the age of 23, the full amount of 10 lakh rupees will be transferred to the beneficiary for his professional or personal use.

Ensuring free education to such Kids, under this scheme, children under 10 years of age will be given admissions in Kendriya Vidyalayas and private schools whereas provision has been made for educating kids between 11 to 18 years of age in residential schools including Sainik Schools and Navodaya Vidyalayas.

Expenditure on the uniform, textbooks and notebooks for beneficiary kids will be done through PM CARES Fund.

Students going for higher education will also be assisted to get education loans and scholarships.

All children beneficiaries will be enrolled under Ayushman Bharat Scheme with a health insurance cover of five lakh rupees, the premium for which will be paid by the PM CARES Fund.

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