PM CARES For Children- Empowerment of COVID Affected Children launched for support & empowerment of Covid affected children. Government stands with children who lost their parents due to Covid. Such children to get a monthly stipend once they turn 18 and a fund of Rs 10 lakh when they turn 23 from PM CARES.Free education to be ensured for children who lost their parents to Covid. The children will be assisted to get an education loan for higher education & PM CARES will pay interest on the loan. The children will get free health insurance of Rs 5 lakh under Ayushman Bharat till 18 years & premium will be paid by PM CARES.
In addition to the measures announced under PM CARES for Children- Empowerment of Covid affected children the central government announced several schemes to help those families who have lost their earning member due to the COVID-19 crisis and said that it stands in solidarity with such people, adding that these measures are being made to “mitigate financial difficulties” that may be faced by them.