Fund for every child orphaned by COVID-19
- The Union government has announced a special “PM-CARES for Children” scheme for all those orphaned due to COVID-19.
- Moreover, the government has also announced measures to help the families who have lost the sole earning member due to COVID-19.
- Pension scheme of the Employees State Insurance Corporation is being extended.
- Children who have lost both parents or the lone surviving parent or their legal guardian or adoptive parent due to COVID-19 will be supported under the scheme.
- It will include a corpus of ?10 lakh for each child till he or she reaches the age of 18.
- When a child turns 18, he/she will draw a monthly stipend from the corpus of ?10 lakh to meet expenses for personal needs and higher education.
- On reaching the age of 23, the child will get the entire ?10 lakh.
- The government will also assist such children with school education.
- They will be given admission in the nearest Kendriya Vidyalaya or in a private school as a day scholar.
- If the child is admitted in a private school, the fees will be paid from the PM CARES Fund as per norms under the Right to Education Act, 2009.
- PM CARES will also meet the expenses on uniform, textbooks and notebooks.
- Children in the age group of 11-18 will have the option to study in a residential school under the Central government such as Sainik School and Navodaya Vidyalaya.
- All children will be enrolled as a beneficiary under the Ayushman Bharat Scheme with a health insurance cover of ?5 lakh, where the premium amount will be paid by PM CARES till a child turns 18.