homepolitics NewsPM Modi unveils PM CARES for Children Scheme; Rs 4,000 a month, other benefits for kids who lost parents to COVID 19

PM Modi unveils PM CARES for Children Scheme; Rs 4,000 a month, other benefits for kids who lost parents to COVID-19

Modi announced that youth from 18 to 23 years of age will get a stipend every month. Once they turn 23-year-old, they will get Rs 10 lakhs, the PM said. The fund will also provide an education loan for professional courses, and for higher education.

By CNBCTV18.com May 30, 2022 5:00:24 PM IST (Published)


Prime Minister Narendra Modi on Monday released benefits under PM CARES for Children Scheme for children who have lost their parents to COVID-19. Modi said Rs 4,000 have been arranged for these children every month through other schemes for other daily needs.
"I know how difficult the situation is for people who have lost their family members during the Covid-19 pandemic. This program is for the children who lost their parents during the pandemic. PM CARES for Children Scheme is an attempt to such children," Modi said.
Modi announced that youth from 18 to 23 years of age will get a stipend every month. Once they turn 23-year-old, they will get Rs 10 lakhs, the Prime Minister added. The fund will also provide an education loan for professional courses, and for higher education.